150 WILLIAM STREET E , Oshawa Ontario L1G1K6

Sale $1,499,900  | 
Listing # E12145467
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Suzanne Senst

Suzanne Senst

Sales Representative


Mobile: 416.518.7078

sensthomes@rogers.com

Royal LePage Real Estate Services Ltd., Brokerage

Brokerage

3031 BLOOR STREET WEST
Toronto,  ON M8X1C5

Remarks:

Earn a 6.7% leveraged CAP rate. An exceptional investment opportunity for investors and developers/builders in the heart of Downtown Oshawa's Urban Growth Centre Area. This expansive site features an impressive frontage of 64.83 ft and is perfectly zoned for higher-density residential uses, offering significant potential for various development options. Currently, it holds an updated multiplex with a desirable unit mix: 2 two-bedroom units, 1 three-bedroom unit, and 1 bachelor-style apartment, a spacious rear yard and a convenient onsite laundry on the main floor. Each unit is separately metered for hydro and heat. Positioned in Oshawa's dynamic employment and transit hub just steps from the Durham Region Courthouse, the Oshawa Hockey Rink, and other key amenities and transit stops this is an ideal opportunity to contribute to Oshawa's ongoing evolution and secure a reliable rental income in a high-demand, future-forward location. (id:7525)

Investment

Neighbourhood: O'Neill
Lot Frontage: 64.8 Feet
Lot Depth: 131.8 Feet
Lot Size: 64.83 x 131.89 FT
No. of Parking Spaces: 7
Floor Space (approx): 8547 Square Feet
Bathrooms (Total): 4
Zoning: R2/R3-A/R6-B/R7-A

Property Features:

Amenities Nearby: Public Transit , Recreation
Property Type: Multi-family
Sewer: Sanitary sewer

Building Features:

Building Type: Multi-Family
Heating Fuel: Natural gas
Heating Type: Other