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Aloysius Okafor

Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage Independently owned and operated. 8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8 Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001

$8,950,000
Available - For Sale
Listing ID: E9031989
1180 Keith Ross Dr , Oshawa, L1J 8P5, Ontario


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, 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!
Price $8,950,000
Taxes: $84541.00
Tax Type: Annual
Occupancy by: Own+Ten
Address: 1180 Keith Ross Dr , Oshawa, L1J 8P5, Ontario
Postal Code: L1J 8P5
Province/State: Ontario
Legal Description: East Whitby CON 3 PT LOT 15 RP40R25332 P
Lot Size: 368.00 x 444.00 (Feet)
Directions/Cross Streets: TAUNTON RD W & THORNTON RD N
Category: Free Standing
Use: Transportation
Building Percentage: Y
Total Area: 42335.00
Total Area Code:  Sq Ft
Industrial Area: 37100
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 0-5
Sprinklers: N
Washrooms: 1
Outside Storage: Y
Rail: N
Clear Height Feet: 40
Volts: 600
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 5
  Height Feet: 14
  Width Feet: 12
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 LEADING EDGE REALTY INC.
Personal Picture
Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
 
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At a Glance:
Type: Com - Industrial
Area: Durham
Municipality: Oshawa
Neighbourhood: Northglen
Style:
Lot Size: 368.00 x 444.00(Feet)
Approximate Age: 0-5
Tax: $84,541
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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