1180 Keith Ross Dr
Oshawa, L1J8P5
For Sale
$8,850,000
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Industrial
CATEGORY42,335 Sq Ft
TOTAL AREAE11945120
MLSIDContact Us
Property Description
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) 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!
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Property Details
Category
Industrial
Zoning
AP-A,
Total Area
42,335 Sq Ft
Industrial Area
37,100 Sq Ft
Lot Size
368' x 444'
Taxes
$84,541 (2024)
Parking Spaces
40
Washrooms
1
Call
Listing contracted with Century 21 Leading Edge Realty Inc.
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