5 Bedroom
4 Bathroom
Central Air Conditioning
Forced Air
Acreage
$2,500,000
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:31697)
Property Details
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 |
Building
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 |
Land
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 |
Rooms
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 |
Utilities
Cable
|
Installed |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/27301881/26-whiting-avenue-oshawa-lakeview-lakeview