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$3,500,000
Available - For Sale
Listing ID: E8417264
Exceptional Development Opportunity 1 block east of the Oshawa Shopping Centre - the largest enclosed mall in Durham Region. High Profile Corner of King and Grenfell Street. 37,000 SQ FT (0.85 Acre) Parcel with Good Holding Income from 2 Buildings. 349 King St. W. is a 2,000 SQ FT Building With Long Term Tenant. 25 Grenfell St. is an 8,700 SQ FT Commercial / Residential Building. Ground floor Commercial Portion (6,569 SQ FT) - Vacant, 2nd Floor Residential apartments (2,214 SQ FT) - Tenanted. Property is next to an assembly of 5 residential properties on 0.41 Acre at the Corner of Grenfell St. and Pine St. (344 Pine St.). Residential land assembly also for sale. Buyer To Conduct Their Own Due Diligence however Preliminary review of the site by by Planning Consultant Indicates Potential for an 8 - 11 Storey Building with a GFA of 150,000 - 165,000 SQ. FT. Property to the west at 400 King St. W. Was Recently approved to permit a 20-Storey Mixed Use Commercial / Residential development. Dynamite opportunity for a savvy investor to buy, hold, rezone and collect holding income
Price $3,500,000
Taxes: $28,750.79
Tax Type: Annual
Occupancy by: Tenant
Address: 349 King St West , Oshawa, L1J 2J8, Ontario
Postal Code: L1J 2J8
Province/State: Ontario
Legal Description: PT LT 43 PL 178 EAST WHITBY AS IN D54417
Lot Size: 105.84 x 300.2 (Feet)
Directions/Cross Streets: Grenfell / King St W
Zoning: R3-A/R5-A, PSC-A
Category: Designated
Total Area: .85
Total Area Code:  Acres
Sewers: San+Storm
Water: Municipal
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ROYAL LEPAGE FRANK REAL ESTATE

349 King St West , Oshawa, L1J 2J8, Ontario


 
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Type: Com - Land
Area: Durham
Municipality: Oshawa
Neighbourhood: Vanier
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Lot Size: 105.84 x 300.20(Feet)
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Tax: $28,750.79
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