26 Whiting Avenue, Oshawa
- Bedrooms: 5
- Bathrooms: 4
- Type: Residential
- Added: 98 days ago
- Updated: 28 days ago
- Last Checked: 2 hours ago
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.
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Nearby Listings Stat
Active listings
8
Min Price
$689,900
Max Price
$2,100,000
Avg Price
$999,073
Days on Market
210 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days
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