1180 Keith Ross Drive For Sale

Oshawa, Northglen, L1J 8P5

$8,850,000

Description

Listed by CENTURY 21 LEADING EDGE REALTY INC..

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 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!

Location

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  • Address: 1180 Keith Ross Drive
  • Neighborhood: Northglen
  • City: Oshawa
  • State: Ontario
  • Postal Code: L1J 8P5

Property Video

Property Details

  • Property ID: E11945113
  • Property Price: $8,850,000
  • Style: Industrial, Free Standing
  • Bath: 1
  • Parking Spaces: 40
  • Year Built: 0-5
  • A/C: N
  • Basement: N
  • Heating: Gas Forced Air Open
  • Taxes: $84,541.00 (2024)
  • Lot: 444.00x368.00 (Feet)

Property History

This property has been sold 11 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100