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!
- Cooling System:
- No
- Utilities:
- Yes
- Sewer:
- Sanitary+Storm
- City:
- Durham
- Postal Code:
- L1J 8P5
- Street:
- Keith Ross
- Street Number:
- 1180
- Street Suffix:
- Drive
- Zoning:
- AP-A, Warehouse, Recreational
- Virtual Tour:
- https://vendettarealestatemarketing.gofullframe.com/ut/1180_Keith_Ross_Dr.html
- Building Size:
- 42335
- Business Type:
- Transportation
- Community Features:
- Public Transit, Major Highway
- Tax Annual Amount:
- 84541.0
- Mls Status:
- New
- Modification Timestamp:
- 2024-12-10T18:52:01Z
- Originating System Name:
- TRREB
Commercial Sale For Sale
1180 Keith Ross Dr, Oshawa, Ontario L1J 8P5
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- E9031989
- Price :
- $8,950,000
- Sqft. :
- 37,100 Sqft.
- Status :
- Active
- Office Name :
- CENTURY 21 LEADING EDGE REALTY INC.
- Property Sub Type :
- Industrial