34
See all 34 photos
$8,850,000
Est. payment /mo
1 BA
42,335 SqFt
Active
1180 KEITH ROSS DRIVE Oshawa (northglen), ON L1J8P5
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 42,335 sqft
Price per Sqft $209
Subdivision Northglen
MLS® Listing ID E11945113
Originating Board Toronto Regional Real Estate Board
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 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:24570)
Location
Province ON
Interior
Heating Other
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 40
Private Pool No
Others
Virtual Tour https://vendettarealestatemarketing.gofullframe.com/ut/1180_Keith_Ross_Dr.html
Listed by CENTURY 21 LEADING EDGE REALTY INC.