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1180 Keith Ross Drive Image 1

$8,850,000

Jan 29Industrial For Sale
bedroomsbed
washrooms0bath
MLS - #E11945120

1180 Keith Ross Drive, Oshawa, ON L1J 8P5

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Average Price
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Property Description

Property type

Industrial

Lot size

N/A

Style

Approx. Area

N/A

About 1180 Keith Ross Drive

Rare Opportunity to own a newly built 42,000 square foot (approx) airplane hangar on a freehold 2.6 acre property 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!

Home Overview

Last updated

Mar 24

Virtual tour

None

Basement information

Building size

42335

Status

In-Active

Property sub type

Industrial

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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