1180 KEITH ROSS DRIVE Active

Oshawa (northglen),ON L1J8P5

$ 8950000

- Bed

1 Bath

42335 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 42,335 sqft

Price per Sqft $211

Subdivision Northglen

MLS Listing ID E9031994

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 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:24570)

Location

Province ON

Interior

Heating Other

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 40

Private Pool No

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