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26 WHITING AVENUE, Oshawa, Ontario

$2,100,000

5 Beds
4 Baths

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. (id:23309)

Listing ID: E9258458
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.7 m x 3.5 m
Bedroom	Second level	3.67 m x 2.44 m
Bedroom	Second level	3.34 m x 2 m
Living room	Basement	4.5 m x 6.1 m
Kitchen	Basement	5.4 m x 2.4 m
Bedroom	Basement	2.3 m x 2.7 m
Living room	Main level	4.5 m x 6.1 m
Dining room	Main level	3.25 m x 3.1 m
Kitchen	Main level	5.4 m x 2.5 m
Living room	Upper Level	2.4 m x 6.4 m
Kitchen	Upper Level	2.6 m x 2.9 m
Bedroom	Upper Level	3.67 m x 2.44 m

Details

Amenities Nearby: Public Transit
Features: Level lot, Wooded area, Ravine, Conservation/green belt
Ownership: Freehold
Parking Spaces: 4
Structure: Shed
Transaction: For sale
Zoning Description: Land

Building

BasementType: N/A
Basement Features: Apartment in basement
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Aluminum siding
Fireplace Present: False
Flooring: Laminate, Hardwood, Carpeted
Foundation: Concrete
Bathrooms (Half): 1
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Acreage: true
Amenities: Public Transit
Sewer: Sanitary sewer
Size Frontage: 117 ft ,11 in
Size Irregular: 117.94 x 201.49 FT ; 109.42' Rear;115.79'+46.54' West *
Surface Water: River/Stream

Listing provided by RE/MAX EPIC REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 26 WHITING AVENUE in Oshawa Ontario. It was last modified on August 16th, 2024. Contact Klaudia Zumer to schedule a viewing or to discover other Oshawa homes for sale.

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