463 Bond Street E Oshawa ON L1G 1B9
$ 1,200,000

Listing ID

#E11923513

Property Type

Commercial Retail

County

Durham

Neighborhood

O'Neill

Days on website

8

Description
Large Opportunity Awaits! Good Cash flow and being sold together with 455 Bond allowing for long term construction of a large apartment building. 463 bond street east is currently a 5 plex consisting of 2 commercial units, 2 res apts above, 1 basement apartment with potential to add another. Recent vacancy of units provides tremendous upside for cash flow. average expenses 28k, estimated income 97k (inquire for finance sheet) PSC-A zoning allowing for a wide range of uses retail to residential. PSC zoning allows for large apartment building with no inherit story cap, generous set backs allowing for large redevelopment of the site. Potential to purchase rear hydro easement allowing second street access to the site.
Location
Financial Information
List Price:  $ 1200000
Taxes:  $ 9375
Property Features
Air Conditioning:  Yes
Heat Type:  Gas Forced Air Open
Lease:  For Sale
Sewers:  Sanitary+Storm
Utilities:  Yes
Listed By:     TFG REALTY LTD.