$1,398,888
4 Hughes Street, Richmond Hill, ON L4E 2V9
Oak Ridges, Richmond Hill,
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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.
- Architectural Style: Bungaloft
- Property Type: Residential Freehold
- Property Sub Type: Detached
- DirectionFaces: West
- Directions: Yonge St & King St
- Tax Year: 2024
- Parking Features: Private Double
- ParkingSpaces: 4
- Parking Total: 4
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Second
- BedroomsAboveGrade: 3
- BedroomsBelowGrade: 1
- Interior Features: Other
- Basement: Crawl Space
- Cooling: Window Unit(s)
- HeatSource: Electric
- HeatType: Baseboard
- ConstructionMaterials: Vinyl Siding
- Roof: Shingles
- Sewer: Sewer
- Foundation Details: Concrete
- Parcel Number: 031970058
- LotSizeUnits: Feet
- LotDepth: 100
- LotWidth: 73.5
- PropertyFeatures: Cul de Sac/Dead End, Library, Park, Public Transit, School Bus Route
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