Oshawa, ON L1J 8P5,1180 Keith Ross DR
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Oshawa, ON L1J 8P5,1180 Keith Ross DR
Oshawa, ON L1J 8P5,1180 Keith Ross DR
Oshawa, ON L1J 8P5,1180 Keith Ross DR
Oshawa, ON L1J 8P5,1180 Keith Ross DR
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$ 8,950,000
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1180 Keith Ross DR Oshawa, ON L1J 8P5

1 Bath

42,335 SqFt


UPDATED:

07/15/2024 03:39 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 42,335 sqft

Price per Sqft $211

MLS Listing ID E9031994

Annual Tax Amount $84,541

Tax Year 2024

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!

Location

Province ON

County Durham

Community Major Highway, Public Transit

Area Northglen

Interior

Cooling No

Exterior

Garage Spaces 40.0

Community Features Major Highway, Public Transit

Utilities Available Yes

Others

Security Features No


Listed by CENTURY 21 LEADING EDGE REALTY INC.

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Jeff Somlo

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+1(647) 998-3693

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1180 Keith Ross DR