Price
$899,900
BedroomsNot listed
BathroomsNot listed
Size2500-3000 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$9896.81
Maintenance FeesNot listed
Prime Development Opportunity with Commercial Upside! Unlock the immense potential of this strategically located property, offering an exceptional residential development opportunity between downtown and North Oshawa. This expansive lot is a sound investment from multiple perspectives, providing a rare chance to capitalize on Oshawa's growing housing demand while retaining valuable commercial flexibility. Imagine the possibilities for your next residential project on this well-positioned parcel. Beyond its compelling development potential, the property also boasts existing infrastructure, including office, shop, and garage space, as well as surface parking for up to 8 vehicles. This makes it an ideal holding property, generating income or serving as a base for your operations while you plan your residential vision. Currently, the property offers practical commercial amenities, with a spacious shop area featuring impressive 20-foot high ceilings in one area and 11-foot ceiling height throughout the rest of the shop. Business chattels and equipment are included in the sale, in "as is" condition. Don't miss out on this unique chance to secure a property that promises significant long-term residential investment growth with the added benefit of flexible commercial opportunity. This is an Estate Sale. SF Breakdown: 475 SF Office, 1395 SF Shop, 564 SF Garage/Storage, 484 Bonus attic
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Contact MeTotal Monthly Payment
$4,058 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$719,920
Total Interest Payments
$443,875
Total Payment (Principal + Interest)
$1,163,795
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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