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$ 1,398,888
Est. payment /mo
New
4 Hughes ST Richmond Hill, ON L4E 2V9
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Oak Ridges
MLS Listing ID N12070211
Style Bungaloft
Bedrooms 3
Annual Tax Amount $5,650
Tax Year 2024
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County York
Community Oak Ridges
Area York
Rooms
Family Room Yes
Basement Crawl Space
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Private Double
Pool None
Roof Type Shingles
Lot Frontage 73.5
Lot Depth 100.0
Total Parking Spaces 4
Building
Unit Features Cul de Sac/Dead End,Library,Park,Public Transit,School Bus Route
Foundation Concrete
Others
Virtual Tour https://4hughesst.ca
Listed by HOMELIFE EAGLE REALTY INC.