4 Hughes Street Richmond Hill, Ontario L4E 2V9
$1,398,888
Attention: INVESTMENT OPTIONS WITH HUGE POTENTIAL in Prime Oak Ridges Location! Developers, Investors, Builders! Oak Ridges Local Centre Rezoning Allows for RESIDENTIAL ( Residential Apartment, Additional Residential Unit, Quadruplex, Block Townhouse, Street Townhouse, Live-work Unit, Home Occupation) & Non Residential Uses (Arts and Cultural Facilities, Commercial, Retail and Service, Public Authority, Offices, Social Services) Versatile Zoning Lot with potential to shape future projects. Ideal for a variety of residential and nonresidential uses according to the new Oak Ridges Local Official Plan by-law: mixed-use zoning. Strategically located just steps from King Road in a sought-after area. Bright 3-bedroom bungalow with plenty of rentable living space large 73.5 x 100 ft lot - makes it as Prime investment opportunity! Backed by municipal and provincial guidance for urban infill, great potential for higher density development! This spacious home features hardwood floors throughout, updated eat-in kitchen, sunny family room with walk out, a XL loft + private powder room. Flexible single bungalow room size/layout makes sure your needs will be accommodated, With multiple entrances, it perfect for live/work setup, homebased business or rental income, rent it out while you wait! If you are looking for a smart investment this property is ideal. Don't miss out on this unique opportunity. High demand area undergoing redevelopment with potential for multi units. Close to YONGE ST, KING ST & all amenities & transit. Due diligence & ORLC (Oak Ridges Local Center). Buy now, plan for the future. (id:61445)
Property Details
| MLS® Number | N12070246 |
| Property Type | Retail |
| Community Name | Oak Ridges |
| AmenitiesNearBy | Highway, Public Transit |
| FarmType | Other |
Building
| HeatingType | Baseboard Heaters |
| SizeExterior | 1767 Sqft |
| SizeInterior | 1767 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 100 Ft |
| SizeFrontage | 73 Ft ,6 In |
| SizeIrregular | Bldg=73.5 X 100 Ft |
| SizeTotalText | Bldg=73.5 X 100 Ft |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/28138914/4-hughes-street-richmond-hill-oak-ridges-oak-ridges
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Hans Ohrstrom
Broker of Record
13025 Yonge St Unit 202
Richmond Hill, Ontario L4E 1A5
Arezoo Mazaheri-Tehrani
Salesperson
13025 Yonge St Unit 202
Richmond Hill, Ontario L4E 1A5
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April 13 2025 12:11:16
Homelife Eagle Realty Inc.