$6,800,000
Available - For Sale
Listing ID: E12191032
755 OKLAHOMA Driv , Pickering, L1W 2H4, Durham
| Attention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers. |
| Price | $6,800,000 |
| Taxes: | $68434.94 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 755 OKLAHOMA Driv , Pickering, L1W 2H4, Durham |
| Postal Code: | L1W 2H4 |
| Province/State: | Durham |
| Legal Description: | PT LT 28 RANGE 3 CON BF PICKERING, PT 1 |
| Directions/Cross Streets: | Oklahoma Dr/Eyer Dr |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Designated |
| Total Area: | 49933.73 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Washrooms: | 0 |
| Sewers: | Septic |
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Years
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| HC REALTY GROUP INC. |
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At a Glance:
| Type: | Com - Land |
| Area: | Durham |
| Municipality: | Pickering |
| Neighbourhood: | West Shore |
| Tax: | $68,434.94 |
| Fireplace: | N |
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