181 King Road, Richmond Hill, ON

$12,500/mo
MLS#:N13048492
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 181 King Road Richmond Hill ON listed at $12,500 (MLS# N13048492) - Main View
For Lease
Added:Apr 27, 2026(135 days ago)
Updated:Apr 29, 2026(133 days ago)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable office located in the coveted neighborhood of Oak Ridges. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $12,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 68.99 x 406.95 ft lot size
  • Convenient outside/surface garage included
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Incredible opportunity for multi-generation families and business owners alike. We have a versatile property located in the heart of York Region that is zoned GC2 Commercial Residential Mixed Use. This means you can bring both your business and your family to one prime location. The property is ideally situated with plenty of living space, work space, land, and electrical power, all in the heart of York Region. It benefits from the area's ongoing development and growth, making it a prime investment opportunity. Plus, it's perfectly located just steps from Yonge Street and York Region transit lines, with equal distance to Hwy 400 and Hwy 404 for easy commutes to and from downtown Toronto. The property includes a spacious 1300 square feet retail showroom featuring both 110v and 220v electrical to support diverse business needs, as well as a fully equipped lower level workshop with 400 Amp ready to handle your most demanding projects. On the residential side, the property offers 6 bedrooms, including 2 with private ensuites, ensuring ample privacy and comfort for everyone. There are 4 full bathrooms plus an additional 2-piece bath in the basement, complete with a shower rough-in for future expansion. The separate entrance from the walk-up basement offers tremendous potential for an extra unit or extended family accommodations. Additionally, there is a 2 oversized car garage and an extra heated workshop attached to the garage for even more workspace or storage. Don't miss this opportunity to a versatile property that can accommodate all your personal and professional needs.

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Property Summary

This office located at 181 King Road, Richmond Hill is currently for sale and has been available on SousaSells for 135 days. This property is listed at $12,500 with an estimated mortgage of $42* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 181 King Road, Richmond Hill is in the Oak Ridges neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Oak Ridges, Richmond Hill.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Office architecture in Oak Ridges, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$12,500/mo
AddedApr 27, 2026 (135 days ago)
UpdatedApr 29, 2026 (133 days ago)
Last Checked17 minutes ago
Transaction TypeFor Lease
List Office NameREMAX YOUR COMMUNITY REALTY

Property Details

Property Sub-TypeOffice
Lot Size68.99 × 406.95 Feet
CountyYork
Annual Tax$13,213.51
Rental ItemsHot water Tank
Legal DescriptionPT LT 10 PL 136 KING; PT LT 11 PL 136 KING PT2, 65R5349; RICHMOND HILL

Parking & Garage

Parking Space9
Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • No

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 181 King Road, Richmond Hill, ON

Q.What is the asking price for 181 King Road, Richmond Hill, ON ?

The current listing price for 181 King Road, Richmond Hill, ON in Oak Ridges, Richmond Hill is $12,500.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 181 King Road, Richmond Hill, ON ?

181 King Road, Richmond Hill, ON is a Office () featuring a basement.

Q.What security features are installed at 181 King Road, Richmond Hill, ON ?

Security features include: No.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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181 King Road, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Oak Ridges, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents66 incidents / yr
Average Per Month5.5 incidents / mo
Population Benchmark38,000 residents
Personal Safety
Very Low

12 assaults (31.6/100k)

Property Security
Very Low

14 B&E (36.8/100k)

Auto Theft Risk
Moderate

24 thefts (63.2/100k)

1-Year Trend
â–¼ 6.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

181 King Street Waterloo

181 King Street Waterloo, Richmond Hill

Built 20154.0 RatingView Building Page

181 King Street Waterloo: Micro‑Location Deep Dive

Cross‑Street Connectivity and Walk Score

The address sits at the intersection of King and Victoria, a junction that pulses with pedestrian traffic and cyclist flow. A two‑minute stroll lands you on the Grand River Trail, while the nearby ION Light Rail stop at Ion Station - King Street provides rapid transit to the University of Waterloo and the downtown core in under five minutes. Walk Score hovers around 88, positioning the building in the "very walkable" bracket and making a personal vehicle optional for most daily errands.

Transit Options and Commute Realities

For commuters, the Grand River Transit bus routes 0 and 1 run frequently along King Street, linking to the Waterloo Central Station where GO train services to Toronto and regional destinations depart. The proximity to the ION Light Rail not only shortens the commute but also adds a modern, future‑proof edge to the neighborhood, a factor that consistently lifts resale velocity in local market analyses.

Local Dining, Retail, and Recreation

Step outside and you are greeted by a curated mix of independent cafés, Asian street food stalls, and boutique retailers that line the block. Highlights include The Coffee Studio, a favorite for its handcrafted pour‑overs, and Mosaic Café, known for its vibrant brunch menu. A short walk leads to Victoria Street Plaza, where seasonal farmers’ markets and pop‑up art installations create a lively street‑level culture. Green space is equally accessible; Kitchener-Waterloo Botanic Garden is a ten‑minute walk away, offering landscaped trails and picnic areas that appeal to families and fitness enthusiasts alike.

School Catchment and Family Appeal

The building falls within the catchment of St. Mary's Elementary and Waterloo Collegiate Institute, both of which boast strong academic records and active extracurricular programs. For families evaluating Waterloo real estate evaluation, these schools often serve as decisive factors, driving demand for units that combine urban convenience with quality education.

Building Amenities and Resident Lifestyle

Inside the complex, residents enjoy a 24‑hour concierge, secure underground parking with one‑to‑two designated spaces per unit, and a rooftop terrace that features a fire pit, seating clusters, and panoramic views of the city skyline. The fitness centre is equipped with modern cardio machines and free‑weight areas, while the party room offers a versatile space for gatherings, reinforcing a community vibe that appeals to young professionals and downsizers alike.

Maintenance Fees and Value Proposition

Monthly maintenance fees cover heat, water, and exterior upkeep, but notably exclude parking spot rentals and storage lockers, allowing owners to tailor costs to their specific needs. Recent market data indicates that comparable units in the area list at $550‑$620 per square foot, positioning 181 King Street Waterloo as a competitively priced option within the downtown Waterloo condo market.

Final Thoughts for Buyers and Sellers

If you are scouting condos for sale at 181 King Street Waterloo, the building offers a blend of strategic location, robust transit links, and lifestyle‑focused amenities that together create a compelling value proposition. Whether you are an investor seeking stable appreciation or a buyer searching for a walkable urban sanctuary, this address merits a closer look.

Ready for a personalized evaluation? Reach out to Tony Sousa & The SOUSA TEAM for a confidential unit valuation, off‑market alerts, or a tailored Waterloo condo listings strategy that aligns with your goals.

Why This Building Stands Out

A Strategic Spot for Modern Living

The confluence of transit, amenities, and school quality makes 181 King Street Waterloo more than just a address; it is a lifestyle hub that consistently outperforms generic downtown listings in both rental demand and resale resilience.

Data‑Driven Insight for Savvy Investors

Our team leverages hyper‑local market analytics to forecast price trends, ensuring that clients receive actionable intelligence rather than generic forecasts. This analytical edge has helped numerous investors secure high‑yield rental properties in the Waterloo region.

Tailored Guidance from Local Experts

From the first inquiry to the final closing, Tony Sousa & The SOUSA TEAM provide end‑to‑end support, including custom building evaluations, marketing plans, and negotiation tactics that reflect the unique attributes of 181 King Street Waterloo.

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*Keywords: 181 King Street Waterloo, condos for sale at 181 King Street Waterloo, Waterloo real estate evaluation, Waterloo condo listings*

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Pricing & Value Insights

Data-driven valuation for 181 King Road, Richmond Hill, ON L4E 2W1

Estimated Sales Range
$12,000 - $12,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$3,750 (30.0%)
* Minimum Canadian down payment required for this price is $625.
Amortization Period30 Years
Estimated Monthly Payment$42Based on a loan of $8,750 over 30 years.
Purchase Price$12,500
Loan Amount$8,750
Provincial Land Transfer Tax:$63
Total Estimated Closing Taxes:$63

About Purchasing a Home in Richmond Hill, ON

For a property listed at $12,500 in Richmond Hill, the legal minimum down payment is $625 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $63 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $63.

Similar Listings in Oak Ridges, Richmond Hill

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Oak Ridges, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,756,531

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Oak Ridges, Richmond Hill

Elementary Schools

Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7
Our Lady of Hope
Public80 Red Cardinal Trail, Oak Ridges, Richmond Hill, Ontario, L4E 4B8
7.1

Secondary Schools

No secondary schools data loaded.

Oak Ridges, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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