Description

GREAT Re-development Opportunity in High Density Zoning (CO-C) of Central Oshawa Located by Simcoe & Gibb: Infilled Lot Ready to build 8 Stacked Townhouses/Apartment Building/Commercial Units Or Mixed, Situated on Durham Transit Line. ((((Two Original Lots (24 & 26) Merged to Provide a Better Opportunity for Invetors)))) Site Has Been Cleared of Previous Structures and is Back-filled, Ready to Build. >>>>New Proposed CO-C zoning allows High Density & No Parking restrictions, Mixed Commercial & Residential<<<< Heavy Traffic Pattern, Only 550 Meters to Newly Proposed Ritson Road Metrolinx GO Station by Cowan Park and Close Proximity to Downtown & Oshawa Centre Mall and Only 290 Meters to the New Facilities at Rotary Park Make this Location very Desirable. Potential NOI 6% to 14%