78 Bond Street W Oshawa, Ontario L1G 1A5

14 Bathroom 1 Acres
Fully Air Conditioned Forced Air

$1

Exceptional Downtown Development Opportunity! Prime 135' x 259' feet site with the rare advantage of frontage/access from both Bond Street W and Richmond Street, offering excellent flexibility for future development. The property is in the final stages of Site Plan Approval (SPA) for a proposed 150-unit residential development, with the Seller to provide the approved SPA in accordance with the plans/drawings attached to the listing. A major development incentive has already been secured with municipal development charges waived, representing estimated savings of approximately $25,000 per unit, or approximately $3.7M based on the proposed 150 units. The property is currently occupied by an established vehicle rental tenant under an existing lease, providing immediate rental income to help offset carrying costs while preparing for redevelopment. The lease provides for termination with approximately nine (9) months' notice, subject to its terms. An outstanding opportunity to acquire a strategically located, income-producing development site with advanced approvals, substantial development-charge savings, excellent rental potential and rare dual-street access in the downtown core. Buyer to verify all development information, approvals, DC incentives/waivers and lease terms. (id:50787)

Business

Business Type Automobile
Business Sub Type Automotive

Property Details

MLS® Number E13732138
Property Type Retail
Community Name O'Neill
Amenities Near By Highway, Public Transit
Features Irregular Lot Size
Parking Space Total 50

Building

Bathroom Total 14
Age 16 To 30 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1 Acres
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 259 Ft ,5 In
Size Frontage 135 Ft ,10 In
Size Irregular 0.517
Size Total 0.517 Ac
Size Total Text 0.517 Ac
Zoning Description Cbd-b, T25, Cbd-a, T.25

https://www.realtor.ca/real-estate/30220125/78-bond-street-w-oshawa-oneill-oneill

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