349 King Street W Oshawa, Ontario L1J 2J8
$3,500,000
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:12481)
Property Details
| MLS® Number | E8417264 |
| Property Type | Vacant Land |
| Community Name | Vanier |
Building
| SizeInterior | 0.85 Ac |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 300 Ft ,2 In |
| SizeFrontage | 105 Ft ,10 In |
| SizeIrregular | 105.84 X 300.2 Ft ; Irregular |
| SizeTotalText | 105.84 X 300.2 Ft ; Irregular |
| ZoningDescription | R3-a/r5-a, Psc-a |
https://www.realtor.ca/real-estate/27010769/349-king-street-w-oshawa-vanier-vanier
Contact Us
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
(519) 667-1958
www.farmontario.com
34 Grandview Crescent
London, Ontario N6K 2Y2
Ron Steenbergen
Broker
(519) 667-1958
www.farmontario.com/
675 Adelaide Street North
London, Ontario N5Y 2L4
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October 16 2024 02:19:46
Durham Region Association of REALTORS®
Royal LePage Frank Real Estate