4 Hughes Street Richmond Hill (Oak Ridges), 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. Vacant possession ensures flexibility. Due diligence & ORLC (Oak Ridges Local Center). Buy now, plan for the future. (id:50787)
Property Details
| MLS® Number | N12070246 |
| Property Type | Retail |
| Community Name | Oak Ridges |
| Amenities Near By | Highway, Public Transit |
| Farm Type | Other |
Building
| Heating Type | Baseboard Heaters |
| Size Exterior | 1767 Sqft |
| Size Interior | 1767 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 100 Ft |
| Size Frontage | 73 Ft ,6 In |
| Size Irregular | Bldg=73.5 X 100 Ft |
| Size Total Text | Bldg=73.5 X 100 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/28138914/4-hughes-street-richmond-hill-oak-ridges-oak-ridges
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April 09 2025 08:24:04
Toronto Real Estate Board
Homelife Eagle Realty Inc.