$3,500,000
FOR SALE

Land

Lot: 105.84 x 300.2 ftTotal Area: 0.85 acres
2023 Taxes: $28,750.79

349 King St W
Oshawa, ON L1J 2J8 | Vanier | Durham

Exceptional Development Opportunity 1 block east of the Oshawa Shopping Centre - the largest enclosed mall in Durham Region. High Profile Corner of King and Grenfell Street. 37,000 SQ FT (0.85 Acre) Parcel with Good Holding Income from 2 Buildings. 349 King St. W. is a 2,000 SQ FT Building With Long Term Tenant. 25 Grenfell St. is an 8,700 SQ FT Commercial / Residential Building. Ground floor Commercial Portion (6,569 SQ FT) - Vacant, 2nd Floor Residential apartments (2,214 SQ FT) - Tenanted. Property is next to an assembly of 5 residential properties on 0.41 Acre at the Corner of Grenfell St. and Pine St. (344 Pine St.). Residential land assembly also for sale. Buyer To Conduct Their Own Due Diligence however Preliminary review of the site by by Planning Consultant Indicates Potential for an 8 - 11 Storey Building with a GFA of 150,000 - 165,000 SQ. FT. Property to the west at 400 King St. W. Was Recently approved to permit a 20-Storey Mixed Use Commercial / Residential development. Dynamite opportunity for a savvy investor to buy, hold, rezone and collect holding income
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Listed By ROYAL LEPAGE FRANK REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8417264
Last Updated Jul 03, 2024
Property Summary
Property Type Land

More like this:
Category Designated
PIN 163560231
Legal Description PT LT 43 PL 178 EAST WHITBY AS IN D544179; OSHAWA
Occupancy Tenant
Possession Date TBA
Taxes (2023) $28,750.79
Tax Type Annual
Directions/Cross Streets Grenfell / King St W
Neighbourhood Vanier
Area Durham
Price History

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Detailed Information
Lot 105.84 x 300.2 ft
Lot Irregularities Irregular
Total Area 0.85 acres
Sewers San+Storm
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning R3-A/R5-A, PSC-A
Seller Property Info Statement N

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