Active

487-513 Bloor St E

Oshawa Ontario, L1H 3M9

C$9,800,000


C$151.86 per sqft

Active

1.48 Acres

Land

**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.

E8243062

MLS ID

November 22, 2024

Updated

Map

487-513 Bloor St E
Oshawa Ontario, L1H 3M9

Exterior/Building Features

Lot Size

1.48 Acres


Sewer

San Avail

Other Property Details

Area Name

Farewell


Taxes

$14,083


Tax Frequency

Annually


Garage

No


View

No


County

Ontario


Municipality

Oshawa


Water Source

Municipal


Pool

No


Zoning

R2/R3-A/R4-A/R6B

Listing History

Date

Event

Price

6/2/2024

Price change

$9,800,000

-28%

 

Courtesy of Listed by , HOME LEADER REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:02 PM UTC, 11/22/2024

 

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