**Motivated Seller** will Look at any creative offer , Seller is open to J.V partner with about $8 Million cash equity or creative partnership, (estimated $30/sqf buildable), Introducing an exceptional mixed-use development opportunity in prime Oshawa! Proposed With 494 residential units and commercial spaces, this project is appraised at $14.1M as-is, approved for $18.2M, with a completion value of $324.7M. RSC ready since 2022, it awaits zone change approval for high-density construction. New Ritson Go station is coming Next to this upcoming development area. Spanning 4 acres with 444,569 sqf GFA, underground parking, and easy highway access, it's an investor's dream. Comparable condo sales average 1,050/sqf, with rental comps at $3.8 to $4/sqf/m. Act now for partnership opportunities and access to our data room! Title Subject To Easements. If Existing, Over Parts 6 & 8 By Instrument Number 6983 & Over Part 9 By Instrument Number D289056. **** EXTRAS **** will Look at any creative offer (id:12481)
MLS® Number | E8243062 |
Property Type | Vacant Land |
Community Name | Farewell |
SizeInterior | 4.08 Ac |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 578 Ft ,4 In |
SizeFrontage | 111 Ft ,6 In |
SizeIrregular | 111.58 X 578.35 Ft |
SizeTotalText | 111.58 X 578.35 Ft |
ZoningDescription | R2/r3-a/r4-a/r6b |
https://www.realtor.ca/real-estate/26763492/487-513-bloor-street-e-oshawa-farewell-farewell
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
Ron Steenbergen
Broker