487-513 Bloor Street E Oshawa (Farewell), Ontario L1H 3M9
$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 (id:55499)
Property Details
| MLS® Number | E8243062 |
| Property Type | Vacant Land |
| Community Name | Farewell |
Building
| Size Interior | 4.08 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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September 04 2024 12:54:55
Toronto Real Estate Board
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