26 WHITING AVENUE, Oshawa, Ontario L1H 3T3
$2,100,000.00
- 5 bedrooms
- 4 bathrooms
Attention Builders, Developers, and Investors! This prime development site in Oshawa is zoned R3-A/R5-B (Residential, allowing for the construction of a 25-unit apartment building. Situated in a neighborhood with high rental rates and no rent control on new constructions, this location offers a lucrative opportunity for long-term investment. The property is surrounded by multi-residential apartments, ensuring strong demand for new units. Current rental income of $5,500 per month helps to mitigate carrying costs while the project progresses through the approval stages. The City of Oshawa is already aware of the project, facilitating a smoother approval ... read more
Attention Builders, Developers, and Investors! This prime development site in Oshawa is zoned R3-A/R5-B (Residential, allowing for the construction of a 25-unit apartment building. Situated in a neighborhood with high rental rates and no rent control on new constructions, this location offers a lucrative opportunity for long-term investment. The property is surrounded by multi-residential apartments, ensuring strong demand for new units. Current rental income of $5,500 per month helps to mitigate carrying costs while the project progresses through the approval stages. The City of Oshawa is already aware of the project, facilitating a smoother approval process. Take advantage of this exceptional opportunity to secure substantial returns on your investment. (id:25417)
- Listing ID: E9258458
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Land Size: | 117.94 by 201.49 FT |
| Parking: | 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Aluminum Siding |
| Basement: | N/A |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Oshawa |
| Province: | Ontario |
| Nearby Amenities: | Public Transit |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 3.7 m x 3.5 m |
| Bedroom | Second level | 3.67 m x 2.44 m |
| Bedroom | Second level | 3.34 m x 2 m |
| Living room | Basement | 4.5 m x 6.1 m |
| Kitchen | Basement | 5.4 m x 2.4 m |
| Bedroom | Basement | 2.3 m x 2.7 m |
| Living room | Main level | 4.5 m x 6.1 m |
| Dining room | Main level | 3.25 m x 3.1 m |
| Kitchen | Main level | 5.4 m x 2.5 m |
| Living room | Upper Level | 2.4 m x 6.4 m |
| Kitchen | Upper Level | 2.6 m x 2.9 m |
| Bedroom | Upper Level | 3.67 m x 2.44 m |
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