Oshawa, ON L1H 3T3,26 Whiting AVE
Oshawa, ON L1H 3T3,26 Whiting AVE
Oshawa, ON L1H 3T3,26 Whiting AVE
Oshawa, ON L1H 3T3,26 Whiting AVE
Oshawa, ON L1H 3T3,26 Whiting AVE
Oshawa, ON L1H 3T3,26 Whiting AVE
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$ 2,100,000
Est. payment | /mo

3 Beds

4 Baths

10 Acres Lot


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$ 2,100,000
Est. payment | /mo
Save

3 Beds

4 Baths

10 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID E9258458

Style 2-Storey

Bedrooms 3

Annual Tax Amount $5,036

Tax Year 2023

Lot Size 10.000 Acres

Property Description

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.

Location

Province ON

County Durham

Area Lakeview

Rooms

Family Room Yes

Basement Apartment

Kitchen 3

Separate Den/Office 2

Interior

Interior Features None

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type None

Total Parking Spaces 4

Building

Lot Description Irregular Lot

Unit Features Greenbelt/Conservation,Level,Public Transit,Ravine,River/Stream,Wooded/Treed

Foundation Concrete

Listed by RE/MAX EPIC REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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26 Whiting AVE