$5,500,000
FOR SALE

Land

Lot: 164.43 x 286.86 ft
2025 Taxes: $68,434.94

755 OKLAHOMA Dr
Pickering, ON L1W 2H4 | West Shore | Durham

PICKERING DEVELOPMENT SITE | DRAFT PLAN APPROVED Rare 1.146-acre redevelopment opportunity with draft plan approval for 27 townhouse units in a prime Pickering location. Currently generating approx. $320,000 annual rental income (5.8% return based on $5.5M asking price) from existing church and daycare tenants. Enjoy strong holding income while planning redevelopment. Signed termination clauses provide future flexibility, with potential to redesign the site and increase density/unit count. Walking distance to the lake, with Frenchman's Bay and waterfront trails practically in your backyard. Exceptional location near Highway 401, GO Transit, parks, and convenient access to downtown Toronto. Draft Plan Approved Strong In-Place Cash Flow Waterfront Lifestyle Location Prime Growth Corridor Future Development UpsideRare opportunity for developers, builders, and investors.
Share
Listed By HC REALTY GROUP INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E13152226
Last Updated May 20, 2026
Property Summary
Property Type Land

More like this:
PIN 263110696
Legal Description PT LT 28 RANGE 3 CON BF PICKERING, PT 1 40R2401, EXCEPT PT 1, 40R9721 CITY OF PICKERING
Possession Date TBD
Taxes (2025) $68,434.94
Directions/Cross Streets Oklahoma Dr/Eyer Dr
Neighbourhood West Shore
Area Durham
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 164.43 x 286.86 ft
Sewers Septic

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)