487-513 Bloor Street East, Oshawa | Image 1

487-513 Bloor Street East

Oshawa, Farewell

  • Commercial

$9,800,000
For Sale

Added 8 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: R2/R3-A/R4-A/R6B

  • Age: No Data

  • Taxes: 14082.98

  • MLS®#: E8243062

  • Days on Site: 238 Days

  • Added: Apr 16, 2024 (8 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: HOME LEADER REALTY INC.

**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.

Extras

will Look at any creative offer at the cost plus

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Designated

  • Area: Oshawa

  • Community: Farewell

Utilities

  • Utilities: No

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART OF LOTS 8,9 AND 10 ON PLAN 244 OSHAWA NOW DESIGNATED AS PAR

  • Taxes: $14,083

  • Taxes Type: Annual

Land

  • Cross Street: Wilson & Bloor

  • Municipality District: Oshawa

  • Sewer: San Avail

  • Lot Depth: 578.35 Feet

  • Lot Frontage: 111.58 Feet

  • Zoning: R2/R3-A/R4-A/R6B

Commercial Specific

  • Total Area: 4.08

  • Total Area Metric: Acres

  • Lot Code: Lot

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