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.
MLS# | E11923513 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 103 |
Listing Provided By | TFG REALTY LTD. | E11923513 192700 |
SQ Feet | 3,400 |
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Acreage | 0.08 |
Province | ON |
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County | Durham |
City | Oshawa |
Postal Code | L1G 1B9 |
Area | O'Neill |
Listing VS Median (in L1G 1B9) | |
Price: $1,200,000 low | high Med: $1,450,000 SqFt: 3,400 low | high Med: 3,650 $ / SqFt: $353 low | high Med: $394 On site: 103 low | high Med: 103.000000 |