About 26 Whiting Avenue
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. **** EXTRAS **** Existing Appliances In All 3 Units ( 3 Fridges, 3 Stoves) Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings. (id:36535)
Features of 26 Whiting Avenue
| Listing # | E9258458 |
|---|---|
| Price | $2,100,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Half Baths | 1 |
| Acres | 0.00 |
| Type | Single Family |
| Sub-Type | Freehold |
Community Information
| Address | 26 Whiting Avenue |
|---|---|
| Subdivision | Lakeview |
| City | Oshawa (lakeview) |
| Province | Ontario |
| Postal Code | L1H3T3 |
Amenities
| Amenities | Public Transit |
|---|---|
| Utilities | Cable, Sewer |
| Features | Level lot, Wooded area, Ravine, Conservation/green belt |
| Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural gas Forced air |
|---|---|
| Cooling | Central air conditioning |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | Apartment in basement |
Exterior
| Exterior | Aluminum siding |
|---|---|
| Lot Description | 117.94 x 201.49 FT ; 109.42' Rear;115.79'+46.54' West *|10 - 24.99 acres |
| Foundation | Concrete |
Listing Details
| Office | Courtesy Of KAYLIN SMITH Of RE/MAX EPIC REALTY |
|---|
