1180 Keith Ross Drive Oshawa ON L1J 8P5
$ 8,850,000
|    1   |    42335 Sq Feet

Listing ID

#E11945113

Property Type

Industrial

County

Durham

Neighborhood

Northglen

Days on website

33

Description
Rare Opportunity to own a freehold 2.6 acre property with a newly built 42,000 square foot (approx) airplane hangar located at the Oshawa Executive Airport (CYOO). Currently rented to 2 aviation use tenants generating approximately 5% cap rate per year on the net income, providing an excellent return on investment. Vacant possession can also be provided with 6 months notice for owner user opportunity. In addition to multiple aviation uses, property also allows for additional uses (Full List Attached) including up to 33% non-aviation related warehousing (Potential to increase percentage of permitted warehousing). 200 feet of rolling automated doors creating an open span of up to 150 feet with clear heights of 31 to 40 feet. Strategic advantage with direct access to 2 taxi ways with runways of 2,654 feet and 4,250 feet (asphalt). This immaculate facility is designed to accommodate a wide range of aircraft!
Location
Financial Information
List Price:  $ 8850000
Taxes:  $ 84541
Property Features
Approximate Age:  0-5
Area Influences:  Major Highway, Public Transit
Heat Type:  Gas Forced Air Open
Lease:  For Sale
Sewers:  Sanitary+Storm
Utilities:  Yes
Listed By:     CENTURY 21 LEADING EDGE REALTY INC.