Lot size acres
117.94 x 201.49 FT ; 109.42' Rear;115.79'+46.54' West *|10 - 24.99 acres
Listing #
E9258458_27301881
Listing courtesy: RE/MAX EPIC REALTY
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. (id:1184)
House Interior
Cooling Information
Heating Information
Basement
Fire Place
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1450 Clark Ave W. Unit 25, Thornhill, ON L4J 7R5