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20 Colborne St W 10,000 SF Office Building Oshawa, ON L1G 1L4 $2,866,972 USD ($286.70 USD/SF)
INVESTMENT HIGHLIGHTS
- Fantastic Infill Development Site in Downtown Oshawa
- Rezone for high density.
- Urban Growth Centre
EXECUTIVE SUMMARY
Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity to rezone for good density on the site, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. Also have design for 9-Storey building within 101 units and two levels of underground parking.
Location of this property could not be better with transit and proximity to hospital.
Location of this property could not be better with transit and proximity to hospital.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
10,000 SF
Building Class
C
Year Built
1918
Price
$2,866,972 USD
Price Per SF
$286.70 USD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,333 SF
Building FAR
2.55
Lot Size
0.09 AC
Zoning
PSC-B - Allows for Apartment Use and is within the Urban Growth Centre
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Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (84)
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20 Colborne St W
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