$3,500,000
 $18,789 est/mo Sourced by Back At You

349 King Street , Oshawa, ON L1J 2J8

Oshawa, ON L1J 2J8

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Description

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

Details

MLS#E8417264
Listing TypeFor Sale
Sub-TypeResale
StatusExtension
Days On Site250
Listing Provided ByROYAL LEPAGE FRANK REAL ESTATE | Not Provided

Features

SQ Feet37,026
Acreage0.85
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
StateON
CountyDurham
CityOshawa
Zip CodeL1J 2J8
AreaVanier
Listing VS Median (in L1J 2J8)
Price:
$3,500,000
low | high
Med:
$3,500,000
50% of Average
SqFt:
37,026
low | high
Med:
37,026
50% of Average
$ / SqFt:
$95
low | high
Med:
$95
50% of Average
On Site:
250
low | high
Med:
250.000000
100% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 12:05:03 AM PST