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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:58671)
MLS® Number | E9258458 |
Property Type | Single Family |
Community Name | Lakeview |
AmenitiesNearBy | Public Transit |
Features | Level Lot, Wooded Area, Ravine, Conservation/green Belt |
ParkingSpaceTotal | 4 |
Structure | Shed |
BathroomTotal | 4 |
BedroomsAboveGround | 3 |
BedroomsBelowGround | 2 |
BedroomsTotal | 5 |
BasementFeatures | Apartment In Basement |
BasementType | N/a |
ConstructionStyleAttachment | Detached |
CoolingType | Central Air Conditioning |
ExteriorFinish | Aluminum Siding |
FlooringType | Laminate, Hardwood, Carpeted |
FoundationType | Concrete |
HalfBathTotal | 1 |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
Type | House |
UtilityWater | Municipal Water |
Acreage | Yes |
LandAmenities | Public Transit |
Sewer | Sanitary Sewer |
SizeDepth | 201 Ft ,5 In |
SizeFrontage | 117 Ft ,11 In |
SizeIrregular | 117.94 X 201.49 Ft ; 109.42' Rear;115.79'+46.54' West * |
SizeTotalText | 117.94 X 201.49 Ft ; 109.42' Rear;115.79'+46.54' West *|10 - 24.99 Acres |
SurfaceWater | River/stream |
ZoningDescription | Land |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Bedroom | 3.7 m | 3.5 m | 3.7 m x 3.5 m |
Second Level | Bedroom | 3.67 m | 2.44 m | 3.67 m x 2.44 m |
Second Level | Bedroom | 3.34 m | 2 m | 3.34 m x 2 m |
Basement | Living Room | 4.5 m | 6.1 m | 4.5 m x 6.1 m |
Basement | Kitchen | 5.4 m | 2.4 m | 5.4 m x 2.4 m |
Basement | Bedroom | 2.3 m | 2.7 m | 2.3 m x 2.7 m |
Main Level | Living Room | 4.5 m | 6.1 m | 4.5 m x 6.1 m |
Main Level | Dining Room | 3.25 m | 3.1 m | 3.25 m x 3.1 m |
Main Level | Kitchen | 5.4 m | 2.5 m | 5.4 m x 2.5 m |
Upper Level | Living Room | 2.4 m | 6.4 m | 2.4 m x 6.4 m |
Upper Level | Kitchen | 2.6 m | 2.9 m | 2.6 m x 2.9 m |
Upper Level | Bedroom | 3.67 m | 2.44 m | 3.67 m x 2.44 m |
Cable | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/27301881/26-whiting-avenue-oshawa-lakeview-lakeview
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