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For sale · MLS® E13732138

78 Bond Street W, Oshawa, ON L1G 1A5

Oshawa, ON L1G 1A5

$1Asking price
— Bedrooms14 Bathrooms0.517 Reported areaCommercial Retail Type

About this property

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.

Property facts & features

Property type
Commercial Retail
MLS® number
E13732138
Source status
New
Bedrooms
Not provided
Bathrooms
14
Reported interior area
0.517
Neighbourhood
Not provided
Postal code
L1G 1A5
Garage
In/Out
Lot depth (source units)
259.43
Annual property tax
30000
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $1

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Location & neighbourhood

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Listing brokerage: REVEL REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E13732138. Information deemed reliable but not guaranteed.

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