$8,950,000 FOR SALE

Investment

Lot: 368 x 444 ftTotal Area: 42,335 ft2
2024 Taxes: $84,541

1180 Keith Ross Dr
Oshawa, ON L1J 8P5 | Northglen | Durham

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!

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Listed By CENTURY 21 LEADING EDGE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E9031994
Last Updated Jul 15, 2024
Property Summary
Property Type Investment

More like this:
Category Industrial
Legal Description 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
Lot Irregularities Irregular approx 2.6 acres
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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