1180 Keith Ross Drive, Oshawa | Image 1

1180 Keith Ross Drive

Oshawa, Northglen

  • Commercial

$8,950,000
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: AP-A, Warehouse,

  • Age: 0-5 years

  • Taxes: 84541

  • MLS®#: E9031994

  • Days on Site: 5 Days

  • Added: Jul 10, 2024 (4 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: CENTURY 21 LEADING EDGE REALTY INC.

Rare Opportunity to own a freehold 2.6 acre property with a newly built 42,000 square foot (approx) airplane hangar located at the Oshawa Executive Airport (CYOO). Currently rented to 2 aviation use tenants generating approximately 5% cap rate per year on the net income, providing an excellent return on investment. Vacant possession can also be provided with 6 months notice for owner user opportunity. In addition to multiple aviation uses, property also allows for additional uses (Full List Attached) including recreational, sports facility, club, movie studio and up to 33% non-aviation related warehousing (Potential to increase percentage of permitted warehousing). 200 feet of rolling automated doors creating an open span of up to 150 feet with clear heights of 31 to 40 feet. Strategic advantage with direct access to 2 taxi ways with runways of 2,654 feet and 4,250 feet (asphalt). This immaculate facility is designed to accommodate a wide range of aircraft!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Industrial

  • Age: 0-5

  • Area: Oshawa

  • Community: Northglen

  • Availability Date: TBA

Inside

  • Bathrooms: 1

  • Air Conditioning: N

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

  • Volts: 600

Parking

  • Garage Type: None

  • Covered Parking Spaces: 40

Fees

  • Tax Year: 2024

  • Tax Legal Description: East Whitby CON 3 PT LOT 15 RP40R25332 Parts 5 to 11

  • Taxes: $84,541

  • Taxes Type: Annual

Land

  • Cross Street: TAUNTON RD W & THORN

  • Municipality District: Oshawa

  • Sewer: San+Storm

  • Lot Depth: 444 Feet

  • Lot Frontage: 368 Feet

  • Lot Irregularities: Irregular approx 2.6

  • Zoning: AP-A, Warehouse,

Additional Media

  • Virtual Tour: https://vendettarealestatemarketing.gofullframe.com/ut/1180_Keith_Ross_Dr.html

Shipping Doors

  • Drive Height (ft): 14

  • Drive Width (ft): 12

  • Clearing Height (ft): 40

Commercial Specific

  • Shipping Doors Drive In Level: 5

  • Rail: N

  • Sprinklers: N

  • Total Area: 42335

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 37100

  • Industrial Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

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1180 Keith Ross Drive, Oshawa, Ontario • L1J 8P5 • Northglen