For Sale

1180 Keith Ross Drive, Oshawa, Ontario L1J 8P5

$8,850,000

1180 Keith Ross Drive, Oshawa, Ontario L1J 8P5 is For Sale and has a listing price of 8,850,000. The property is located in the Northglen neighbourhood . It's been on the website for 5 Days.

  • Investment
    Property Type
  • 1
    Bathrooms
  • MLS ID: E11945113
  • Office Name CENTURY 21 LEADING EDGE REALTY INC.
Property Description

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 a single aviation use tenant generating approximately 6% 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!

Property Details
  • MLS ID: E11945113
  • Bathrooms: 1
  • Price: $8,850,000
  • Lot Depth: 444
  • Transaction Types: For Sale
  • Ref ID: E11945113
  • Year Built: N/A
  • Dir / Cross St: TAUNTON RD W & THORNTON RD N
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 0-5
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
01/29/2025 E11945120 $8,850,000 For Sale - -
01/29/2025 E11945113 $8,850,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Northglen
  • $1,532,789 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.32 % Below
  • Sold (12mo) 41
  • Rented (12mo) 5

  • 1 Month Change -26.5%
  • 3 Month Change -69.3%
  • 6 Month Change -78.3%
Walkscore
Property Type Distribution
  • All Houses
    96.12%
  • Commercial
    3.58%
  • Condo
    0.3%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 40
  • Taxes: $84,541
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 29/01/2025 15:02:33
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