26 Whiting Avenue, Oshawa Lakeview
- Bedrooms: 5
- Bathrooms: 4
- Type: Residential
- Added: 34 days ago
- Updated: 15 days ago
- Last Checked: 20 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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Property Details
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: House
- Exterior Features: Aluminum siding
- Foundation Details: Concrete
Interior Features
- Basement: Apartment in basement, N/A
- Flooring: Hardwood, Laminate, Carpeted
- Bedrooms Total: 5
- Bathrooms Partial: 1
Exterior & Lot Features
- Lot Features: Level lot, Wooded area, Ravine, Conservation/green belt
- Water Source: Municipal water
- Parking Total: 4
- Lot Size Dimensions: 117.94 x 201.49 FT ; 109.42' Rear;115.79'+46.54' West *
Location & Community
- Directions: Simcoe St. S. & Whiting
- Common Interest: Freehold
Utilities & Systems
- Sewer: Sanitary sewer
- Utilities: Sewer, Cable
Tax & Legal Information
- Tax Year: 2024
- Tax Annual Amount: 5036.91
- Zoning Description: Land
Room Dimensions
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