755 Oklahoma Drive Pickering, Ontario L1W 2H4
$10,000,000
Attention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers. (id:26049)
Property Details
| MLS® Number | E12191032 |
| Property Type | Vacant Land |
| Neigbourhood | Fairport Beach |
| Community Name | West Shore |
| Amenities Near By | Highway, Public Transit |
Building
| Size Interior | 49,934 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Septic System |
| Size Depth | 286 Ft ,10 In |
| Size Frontage | 164 Ft ,5 In |
| Size Irregular | 164.43 X 286.86 Ft |
| Size Total Text | 164.43 X 286.86 Ft |
| Zoning Description | R3 |
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June 03 2025 05:07:19
Toronto Regional Real Estate Board
Hc Realty Group Inc.