LOADING

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

48 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. New Ritson Go station is coming Next to this upcoming development area. 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 at the cost plus (id:39551)

Property Details

MLS® Number E8243062
Property Type Vacant Land
Community Name Farewell

Building

Fireplace Present No
Size Interior 48 Ac
Utility Water Municipal Water

Land

Acreage No
Size Depth 578 Ft ,4 In
Size Frontage 111 Ft ,6 In
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-farewell

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December 10 2024 11:30:30

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