For Sale

1180 Keith Ross Drive, Oshawa (Northglen), Ontario L1J8P5

$8,950,000

1180 Keith Ross Drive, Oshawa (Northglen), Ontario L1J8P5 is For Sale and has a listing price of 8,950,000. The property is located in the Northglen neighbourhood. It's been on the website for 68 Days.

  • Industrial
    Property Type
  • 1
    Bathrooms
  • 40
    Parking Spaces
  • MLS ID: E9031994
  • Office Name CENTURY 21 LEADING EDGE REALTY INC.,CENTURY 21 LEA
Property Description

Rare Opportunity to own a freehold 2.6 acre property with a newly built 42,000 square foot (approx) airplane hangar located at the Oshawa Executive Airport (CYOO). Currently rented to 2 aviation use tenants generating approximately 5% cap rate per year on the net income, providing an excellent return on investment. Vacant possession can also be provided with 6 months notice for owner user opportunity. In addition to multiple aviation uses, property also allows for additional uses (Full List Attached) including recreational, sports facility, club, movie studio and up to 33% non-aviation related warehousing (Potential to increase percentage of permitted warehousing). 200 feet of rolling automated doors creating an open span of up to 150 feet with clear heights of 31 to 40 feet. Strategic advantage with direct access to 2 taxi ways with runways of 2,654 feet and 4,250 feet (asphalt). This immaculate facility is designed to accommodate a wide range of aircraft! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: E9031994
  • Bathrooms: 1
  • Price: $8,950,000
  • Transaction Types: For Sale
  • Ref ID: 27154335
  • Year Built: N/A
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/10/2024 E9031994 $8,950,000 For Sale - -
07/10/2024 E9031989 $8,950,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Northglen
  • $1,379,032 Average List Price
    based on 1 year
  • 14 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.2 % Up
  • Sold (12mo) 46
  • Rented (12mo) 10

  • 1 Month Change +59.8%
  • 3 Month Change +49.1%
  • 6 Month Change +68.5%
Walkscore
Property Type Distribution
  • All Houses
    96.53%
  • Commercial
    2.97%
  • Condo
    0.5%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Total Parking Spaces: 40
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/07/2024 00:00:00
  • Zoning R2-4, R3-73, P5
  • Agent Name: TASIS GIANNOUKAKIS,SAMANTHA TAMBURRO
  • Last Updated: 04/09/2024 01:02:36
Open House Dates
Want to see this property?