755 OKLAHOMA DR new Save Request In-Person Tour Request Virtual Tour
Pickering,ON L1W 2H4
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 49,933 sqft
Price per Sqft $200
Subdivision West Shore
MLS Listing ID E12191032
Annual Tax Amount $68,434
Tax Year 2024
Property Sub-Type Land
Property Description
Attention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers.
Location
Province ON
County Durham
Community West Shore
Area Durham
Exterior
Community Features Major Highway,Public Transit
Utilities Available Available
Lot Frontage 164.43
Lot Depth 286.86
Others
Virtual Tour https://homesphere.hd.pics/media/download2.asp?64907C749D12459FBBE73465FBE6C32A