$2,100,000

House For Sale In Lakeview, Oshawa, Ontario

$2,100,000
  • 3+2

    Bedrooms

  • 4

    Baths

  • 117.94 x 201.49 FT ; 109.42' Rear;115.79'+46.54' West *

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Aluminum siding
  • Flooring Type: Laminate, Hardwood, Carpeted
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Amenities Nearby: Public Transit
  • Features: Level lot, Wooded area, Ravine, Conservation/green belt
  • Irregular: Yes
  • Lot Depth: 201.4 Feet
  • Lot Frontage: 117.9 Feet
  • Lot Size: 117.94 x 201.49 FT ; 109.42' Rear;115.79'+46.54' West *
  • Structure Type: Shed
  • Surface Water:
  • Utility Type: Cable - Installed, Sewer - Installed
  • Zoning: Land
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom 2nd Level 3.70 m x 3.50 m
  • Bedroom 2nd Level 3.67 m x 2.44 m
  • Bedroom 2nd Level 3.34 m x 2.00 m
  • Living Basement Level 4.50 m x 6.10 m
  • Kitchen Basement Level 5.40 m x 2.40 m
  • Bedroom Basement Level 2.30 m x 2.70 m
  • Living Main Level 4.50 m x 6.10 m
  • Dining Main Level 3.25 m x 3.10 m
  • Kitchen Main Level 5.40 m x 2.50 m
  • Living Upper Level 2.40 m x 6.40 m
  • Kitchen Upper Level 2.60 m x 2.90 m
  • Bedroom Upper Level 3.67 m x 2.44 m

Courtesy of: RE/MAX EPIC REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.