$3,500,000 FOR SALE

Land

Lot: 105.83 x 300.17 ft

349 King Street W
Oshawa (Vanier), ON L1J 2J8

Exceptional Development Opportunity 1 block east of the Oshawa Shopping Centre - the largest enclosed mall in Durham Region. High Profile Corner of King and Grenfell Street. 37,000 SQ FT (0.85 Acre) Parcel with Good Holding Income from 2 Buildings. 349 King St. W. is a 2,000 SQ FT Building With Long Term Tenant. 25 Grenfell St. is an 8,700 SQ FT Commercial / Residential Building. Ground floor Commercial Portion (6,569 SQ FT) - Vacant, 2nd Floor Residential apartments (2,214 SQ FT) - Tenanted. Property is next to an assembly of 5 residential properties on 0.41 Acre at the Corner of Grenfell St. and Pine St. (344 Pine St.). Residential land assembly also for sale. Buyer To Conduct Their Own Due Diligence however Preliminary review of the site by by Planning Consultant Indicates Potential for an 8 - 11 Storey Building with a GFA of 150,000 - 165,000 SQ. FT. Property to the west at 400 King St. W. Was Recently approved to permit a 20-Storey Mixed Use Commercial / Residential development. Dynamite opportunity for a savvy investor to buy, hold, rezone and collect holding income (id:47423)

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Listed By ROYAL LEPAGE FRANK REAL ESTATE
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number E8417264
Last Updated Sep 03, 2024
Property Summary
Property Type Land

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Community Vanier
Price History
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Detailed Information
Lot 105.83 x 300.17 ft
Listing Contract Date 2024-06-06
Location Description Grenfell / King St W
Property Type Vacant Land
Transaction Type For sale
Zoning Description R3-A/R5-A, PSC-A
Building
Utility Water Municipal water
Land
Total Size 105.84 x 300.2 FT ; Irregular
Size of Irregular Land 105.84 x 300.2 FT ; Irregular

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