Oshawa (lakeview), ON L1H3T3,26 WHITING AVENUE
Oshawa (lakeview), ON L1H3T3,26 WHITING AVENUE
Oshawa (lakeview), ON L1H3T3,26 WHITING AVENUE
Oshawa (lakeview), ON L1H3T3,26 WHITING AVENUE
Oshawa (lakeview), ON L1H3T3,26 WHITING AVENUE
Oshawa (lakeview), ON L1H3T3,26 WHITING AVENUE
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$ 2,100,000
Est. payment | /mo

5 Beds

4 Baths


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

5 Beds

4 Baths

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

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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26 WHITING AVENUE