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    For Sale - 78 Bond Street, Oshawa, Ontario

    Est payment $0/mo
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    Views   3
    Time on Jump  38 day

    AI Summary *

    • Prime site with dual frontage on Bond and Richmond streets for flexibility.
    • Final stages of Site Plan Approval for 150-unit residential development.
    • Municipal charges waived, saving around $25,000 per unit on development costs.
    • Current rental income from established vehicle rental tenant helps with costs.
    • Strategically located in downtown with excellent redevelopment potential.




    Exceptional downtown development opportunity! Prime 135' x 259' feet site with the rare advantage of frontage/access from both bond street w and richmond street, offering excellent flexibility for future development. The property is in the final stages of site plan approval (spa) for a proposed 150-unit residential development, with the seller to provide the approved spa in accordance with the plans/drawings attached to the listing. A major development incentive has already been secured with municipal development charges waived, representing estimated savings of approximately $25,000 per unit, or approximately $3. 7m based on the proposed 150 units. The property is currently occupied by an established vehicle rental tenant under an existing lease, providing immediate rental income to help offset carrying costs while preparing for redevelopment. The lease provides for termination with approximately nine (9) months' notice, subject to its terms. An outstanding opportunity to acquire a strategically located, income-producing development site with advanced approvals, substantial development-charge savings, excellent rental potential and rare dual-street access in the downtown core. Buyer to verify all development information, approvals, dc incentives/waivers and lease terms.
    Listing IDE13732138
    Address78 Bond Street
    CityOshawa, Ontario
    Price$1
    Bath14 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Brokerage: REVEL REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    78 Bond Street
    Oshawa , Ontario
    14 $1
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