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$ 9,800,000
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Active
487-513 Bloor ST E Oshawa, ON L1H 3M9
4 SqFt
UPDATED:
10/16/2024 10:07 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 4 sqft
Price per Sqft $2,450,000
MLS Listing ID E8243062
Annual Tax Amount $14,082
Tax Year 2023
Property Description
**Motivated Seller** will Look at any creative offer , Seller is open to J.V partner with about $8 Million cash equity or creative partnership, (estimated $30/sqf buildable), Introducing an exceptional mixed-use development opportunity in prime Oshawa! Proposed With 494 residential units and commercial spaces, this project is appraised at $14.1M as-is, approved for $18.2M, with a completion value of $324.7M. RSC ready since 2022, it awaits zone change approval for high-density construction. New Ritson Go station is coming Next to this upcoming development area. Spanning 4 acres with 444,569 sqf GFA, underground parking, and easy highway access, it's an investor's dream. Comparable condo sales average 1,050/sqf, with rental comps at $3.8 to $4/sqf/m. Act now for partnership opportunities and access to our data room! Title Subject To Easements. If Existing, Over Parts 6 & 8 By Instrument Number 6983 & Over Part 9 By Instrument Number D289056.
Location
Province ON
County Durham
Community Farewell
Area Durham
Region Farewell
City Region Farewell
Exterior
Utilities Available None
Listed by HOME LEADER REALTY INC.
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