Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity to rezone for good density on the site, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne & 20 Colborne. Good income stream while developing, Current Gross Income For Four Properties and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. Also have design for 9-Storey building within 101 units and two levels of underground parking. **** EXTRAS **** Location of this property could not be better with transit and proximity to hospital. (id:47421)
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Detailed Information
Listing Contract Date
2024-02-21
Property Type
Vacant Land
Transaction Type
For sale
Business
Business Type
Residential
Business Subtype
Residential
Building
Land
Total Size
0.67 Acre
Size of Irregular Land
0.67 Acre
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