Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

1180 Keith Ross Drive, Oshawa, ON L1J 8P5 (TAUNTON RD W & THORNTON RD N)
$ 8850000 - MLS : E11945113

From Our Gallery

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). **Note-Runway is being extended to 5200 feet in 2025** This immaculate facility is designed to accommodate a wide range of aircraft!

Location Description

TAUNTON RD W & THORNTON RD N

Property Detail

Community: Northglen
Property Type: Tenant/Commercial
Bath: 1
Garages: None
Annual Property Taxes : $ 84541

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open
Sewer : Sanitary+Storm ,

Listing Contracted With: CENTURY 21 LEADING EDGE REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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