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!
East Whitby CON 3 PT LOT 15 RP40R25332 Parts 5 to 11
Occupancy
Own+Ten
Possession Date
TBA
Taxes (2024)
$84,541
Tax Type
Annual
Directions/Cross Streets
TAUNTON RD W & THORNTON RD N
Neighbourhood
Northglen
Area
Durham
Price History
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Detailed Information
Freestanding
Y
Bathrooms
1
Lot
368 x 444 ft
Industrial Area
37,100 ft2
Total Area
42,335 ft2
Approximate Age
0-5
Elevator
None
Air Conditioning
N
Basement
N
Garage Type
None
Parking Spaces
40
Volts
600
Heat Type
Gas Forced Air Open
Outside Storage
Y
Area Influences
Major Highway, Public Transit
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Clear Height
40 feet
Drive-In Level Shipping Doors
5
Drive-In Level Shipping Doors Width
12 feet
Drive-In Level Shipping Doors Height
14 feet
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
AP-A, Warehouse, Recreational
Seller Property Info Statement
N
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