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LOADING

487-513 Bloor Street E Oshawa, Ontario L1H 3M9

4.08 ac

$9,800,000

**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. 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)

Property Details

MLS® Number E8243062
Property Type Vacant Land
Community Name Farewell

Building

Size Interior 4.08 Ac
Utility Water Municipal Water

Land

Acreage No
Size Depth 578 Ft
Size Frontage 111 Ft
Size Irregular 111.58 X 578.35 Ft
Size Total Text 111.58 X 578.35 Ft
Zoning Description R2/r3-a/r4-a/r6b

https://www.realtor.ca/real-estate/26763492/487-513-bloor-street-e-oshawa-farewell

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com