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252 Bloor Street, Lakeview

Price

$739,888

Bedrooms3 Beds

Bathrooms3 Baths

Size700-1100 sqft

Year Built51-99

Property TypeHouse

Property Taxes$6589.9

Maintenance FeesNot listed

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Description

RBID HOME FOR SALE. ($739,888) Redevelopment Opportunity in Oshawa's PSC-A Zone - 252 Bloor St E Outstanding live-work or investment opportunity on a 50 x 107 ft lot within Oshawa's flexible Planned Strip Commercial (PSC-A) Zone.A proposed concept by ACADZ Drafting & Consulting (2023) envisions a 3-storey mixed-use building with basement, featuring street-level vestibule, elevator and charging area, 2nd level retail or office space, two-upper level residential apartments. The site plan includes six parking stalls and bicycle racks - ideal for developers, builders, or owner operators seeking a zoning-approved mixed use build near Bloor & Ritson, minutes to Hwy 401 and public transit.The existing 1-storey detached building (1,012 sq ft) currently offers a commercial space of approximately 600 sq ft with one washroom, and a residential portion of approximately 800 sq ft with three bedrooms and two washrooms. Currently tenanted-front commercial unit leased at $1,250/month and rear residential unit at $2,550/month - providing $3,800/month in gross income while planning future redevelopment.Property sold as is, where is.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,208 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$591,911

Total Interest Payments

$364,949

Total Payment (Principal + Interest)

$956,860

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

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.

Let's Find Your Dream Home Together