26 Whiting Ave, Oshawa, Ontario L1H 3T3
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft-
Est. Mortgage$9,019/mo
Tax Amount (2023)$5,037/yr
Days On Market161 days
Description
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.
Property Details
Interior
Features
Upper Floor
Living
2.40 x 6.40Laminate / Open Concept / Window
Kitchen
2.60 x 2.90Laminate / Open Concept / Window
Br
3.67 x 2.44Laminate / Closet / Window
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History
16
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