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$2,100,000
Available - For Sale
Listing ID: E9258458
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.
Extras:   Existing Appliances In All 3 Units ( 3 Fridges, 3 Stoves) Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings.
Price $2,100,000
Taxes: $5,036.91
Assessment: $366000
Assessment Year: 2024
Address: 26 Whiting Ave , Oshawa, L1H 3T3, Ontario
Lot Size: 117.94 x 201.49 (Feet)
Acreage: 10-24.99
Directions/Cross Streets: Simcoe St. S. & Whiting
Rooms: 14
Bedrooms: 3
Bedrooms +: 2
Washrooms: 4
Kitchens: 3
Family Room: Y
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 14.76 20.01 Hardwood Floor, Picture Window, Open Concept
Room 2: Main Dining 10.66 10.17 Hardwood Floor, Combined W/Living, Window
Room 3: Main Kitchen 17.71 8.20 Hardwood Floor, Centre Island, W/O To Garden
Room 4: 2nd Br 12.14 11.48 Broadloom, Closet, Window
Room 5: 2nd Br 12.04 8.00 Broadloom, Closet, Window
Room 6: 2nd Br 10.96 6.56 Broadloom, Closet, Window
Room 7: Upper Living 7.87 20.99 Laminate, Open Concept, Window
Room 8: Upper Kitchen 8.53 9.51 Laminate, Open Concept, Window
Room 9: Upper Br 12.04 8.00 Laminate, Closet, Window
Room 10: Bsmt Living 14.76 20.01 Laminate, Open Concept, Window
Room 11: Bsmt Kitchen 17.71 7.87 Laminate, Open Concept, Combined W/Kitchen
Room 12: Bsmt Br 7.54 8.86 Laminate, W/I Closet, 4 Pc Bath
No. of Pieces Level
Washroom 1:  2 Ground
Washroom 2:  4 2nd
Washroom 3:  4 Bsmt
Property Type: Detached
Style: 2-Storey
Exterior: Alum Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Pool: None
Other Structures: Garden Shed
Property Features: Grnbelt/Cons
Level
Public Transit
Ravine
River/Stream
Wooded/Treed
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Telephone: Y
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RE/MAX EPIC REALTY

26 Whiting Ave , Oshawa, L1H 3T3, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Durham
Municipality: Oshawa
Neighbourhood: Lakeview
Style: 2-Storey
Lot Size: 117.94 x 201.49(Feet)
Approximate Age:
Tax: $5,036.91
Maintenance Fee: $0
Beds: 3+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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