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26 Whiting Avenue Oshawa (Lakeview), Ontario L1H 3T3

5 Bedroom 4 Bathroom
Central Air Conditioning Forced Air Acreage

$2,100,000

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:57557)

Property Details

MLS® Number E9258458
Property Type Single Family
Community Name Lakeview
Amenities Near By Public Transit
Features Level Lot, Wooded Area, Ravine, Conservation/green Belt
Parking Space Total 4
Structure Shed

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Basement Features Apartment In Basement
Basement Type N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Flooring Type Laminate, Hardwood, Carpeted
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type House
Utility Water Municipal Water

Land

Acreage Yes
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 201 Ft ,5 In
Size Frontage 117 Ft ,11 In
Size Irregular 117.94 X 201.49 Ft ; 109.42' Rear;115.79'+46.54' West *
Size Total Text 117.94 X 201.49 Ft ; 109.42' Rear;115.79'+46.54' West *|10 - 24.99 Acres
Surface Water River/stream
Zoning Description Land

Rooms

Level Type Dimensions
Second Level Bedroom 3.7 m x 3.5 m
Second Level Bedroom 3.67 m x 2.44 m
Second Level Bedroom 3.34 m x 2 m
Basement Living Room 4.5 m x 6.1 m
Basement Kitchen 5.4 m x 2.4 m
Basement Bedroom 2.3 m x 2.7 m
Main Level Living Room 4.5 m x 6.1 m
Main Level Dining Room 3.25 m x 3.1 m
Main Level Kitchen 5.4 m x 2.5 m
Upper Level Living Room 2.4 m x 6.4 m
Upper Level Kitchen 2.6 m x 2.9 m
Upper Level Bedroom 3.67 m x 2.44 m

Utilities

Cable Installed
Sewer Installed