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487-513 Bloor Street E Oshawa (Farewell), Ontario L1H 3M9

0 Sqft

$9,800,000

**Motivated Seller** will Look at any creative offer , Seller is open to J.V partner with about $8 Million cash equity or creative partnership, (estimated $30/sqf buildable), Introducing an exceptional mixed-use development opportunity in prime Oshawa! Proposed With 494 residential units and commercial spaces, this project is appraised at $14.1M as-is, approved for $18.2M, with a completion value of $324.7M. RSC ready since 2022, it awaits zone change approval for high-density construction. New Ritson Go station is coming Next to this upcoming development area. Spanning 4 acres with 444,569 sqf GFA, underground parking, and easy highway access, it's an investor's dream. Comparable condo sales average 1,050/sqf, with rental comps at $3.8 to $4/sqf/m. Act now for partnership opportunities and access to our data room! Title Subject To Easements. If Existing, Over Parts 6 & 8 By Instrument Number 6983 & Over Part 9 By Instrument Number D289056. **** EXTRAS **** will Look at any creative offer (id:57557)

Property Details

MLS® Number E8243062
Property Type Vacant Land
Community Name Farewell

Building

Size Interior 0 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 578 Ft ,4 In
Size Frontage 111 Ft ,6 In
Size Irregular 111.58 X 578.35 Ft
Size Total Text 111.58 X 578.35 Ft
Zoning Description R2/r3-a/r4-a/r6b