$ 2,100,000
26 WHITING AVENUE Oshawa (lakeview), ON L1H3T3
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 2,100,000
Est. payment /mo
Price Dropped by $400K
26 WHITING AVENUE Oshawa (lakeview), ON L1H3T3
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Lakeview
MLS® Listing ID E9258458
Bedrooms 5
Half Baths 1
Originating Board Toronto Regional Real Estate Board
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. **** EXTRAS **** Existing Appliances In All 3 Units ( 3 Fridges, 3 Stoves) Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.7 m X 3.5 m Bedroom
Extra Room 2 Second level 3.67 m X 2.44 m Bedroom
Extra Room 3 Second level 3.34 m X 2 m Bedroom
Extra Room 4 Basement 4.5 m X 6.1 m Living room
Extra Room 5 Basement 5.4 m X 2.4 m Kitchen
Extra Room 6 Basement 2.3 m X 2.7 m Bedroom
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Laminate, Hardwood, Carpeted
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by RE/MAX EPIC REALTY
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