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1180 Keith Ross Drive Oshawa (Northglen), Ontario L1J 8P5

1 Bathroom 42335 sqft
Other

$8,950,000

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:58770)

Property Details

MLS® Number E9031994
Property Type Industrial
Community Name Northglen
AmenitiesNearBy Highway, Public Transit
ParkingSpaceTotal 40

Building

BathroomTotal 1
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 42335 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 444 Ft
SizeFrontage 368 Ft
SizeIrregular 368 X 444 Ft ; Irregular Approx 2.6 Acres
SizeTotalText 368 X 444 Ft ; Irregular Approx 2.6 Acres
ZoningDescription Ap-a, Warehouse, Recreational

https://www.realtor.ca/real-estate/27154335/1180-keith-ross-drive-oshawa-northglen-northglen

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Tasis Giannoukakis
Broker


Century 21 Leading Edge Realty Inc.
18 Wynford Drive #214
Toronto, Ontario M3C 3S2

Samantha Tamburro
Broker


Century 21 Leading Edge Realty Inc.
18 Wynford Drive #214
Toronto, Ontario M3C 3S2

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