Welcome to an expansive 5300 sqft property that offers both comfortable living and excellent rental income potential. This versatile investment property features three separate living spaces of varying sizes, including one, two, and four-bedroom apartments, each with its own fully equipped kitchen and bathroom. The main house boasts 4 bedrooms, including a master suite on the main floor, two full bathrooms, a powder room, a dry sauna, and a jacuzzi. Full open conept kitchen with large island. The lower level features 2 apartments with open concept kitchen. The GC1 zoning allows for a wide range of business uses, such as medical clinics, health centers, professional offices, pet stores, veterinary clinics, day nurseries, art shops, bakeries, and funeral homes. With ample parking for 12 vehicles and just a 5-minute walk to Yonge Street and all amenities, this property is ideally located. Its also only a few steps to the bus station. Can be combined with 3 Hughes St from the backside for additional access. Whether youre looking to live in a spacious home while generating rental income or seeking a lucrative investment property, 192 King Road is a prime opportunity. The property's ample space and zoning flexibility make it perfect for a daycare or any of the other permitted businesses, enhancing its appeal and potential.