26 Whiting Ave

Lakeview, Oshawa, L1H 3T3
FOR SALE
$2,100,000
26 Whiting Ave, Oshawa
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
26 Whiting Ave
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3 + 2
BEDROOMS
4
BATHROOMS
3
KITCHENS
14
ROOMS
E9258458
MLSID
Contact Us
Property Description
Attention Builders, Developers, and Investors! This prime development site in Oshawa is zoned R3-A/R5-B (Residential, allowing for the construction of a 25-unit apartment building. Situated in a neighborhood with high rental rates and no rent control on new constructions, this location offers a lucrative opportunity for long-term investment. The property is surrounded by multi-residential apartments, ensuring strong demand for new units. Current rental income of $5,500 per month helps to mitigate carrying costs while the project progresses through the approval stages. The City of Oshawa is already aware of the project, facilitating a smoother approval process. Take advantage of this exceptional opportunity to secure substantial returns on your investment.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-12-01 2023-01-31 61 $1,195 - Terminated
2022-06-02 2022-07-06 34 $1,550 - Terminated
2022-05-21 2022-06-02 12 $1,700 - Terminated
Extras
Existing Appliances In All 3 Units ( 3 Fridges, 3 Stoves) Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings.
Property Features
Grnbelt/Conserv, Level, Public Transit, Ravine, River/Stream, Wooded/Treed
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
118' x 201'
Acreage
10-24.99
Lot Irregularities
109.42' Rear;115.79'+46.54' West *
Fronting
North
Taxes
$5,037 (2023)
Basement
Apartment
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain20.01' x 14.76'Hardwood Floor, Picture Window, Open Concept
DiningMain10.17' x 10.66'Hardwood Floor, Combined W/Living, Window
KitchenMain8.20' x 17.72'Hardwood Floor, Centre Island, W/O To Garden
Br2nd11.48' x 12.14'Broadloom, Closet, Window
Br2nd8.01' x 12.04'Broadloom, Closet, Window
Br2nd6.56' x 10.96'Broadloom, Closet, Window
LivingUpper21.00' x 7.87'Laminate, Open Concept, Window
KitchenUpper9.51' x 8.53'Laminate, Open Concept, Window
BrUpper8.01' x 12.04'Laminate, Closet, Window
LivingBsmt20.01' x 14.76'Laminate, Open Concept, Window
KitchenBsmt7.87' x 17.72'Laminate, Open Concept, Combined W/Kitchen
BrBsmt8.86' x 7.55'Laminate, W/I Closet, 4 Pc Bath
Oshawa Market Statistics
Oshawa Price Trend
26 Whiting Ave is a 3-bedroom 4-bathroom home listed for sale at $2,100,000, which is $1,353,834 (181.4%) higher than the average sold price of $746,166 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Oshawa declined by $7,900 (1.0%) compared to the previous 30 day period (September 1 - September 30) and up $111,864 (17.6%) from the same time one year ago.
Inventory Change
There were 179 3-bedroom homes listed in Oshawa over the last 30 days (October 1 - October 30), which is down 13.9% compared with the previous 30 day period (September 1 - September 30) and down 12.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $2,926 (0.4%) above asking price over the last 30 days (October 1 - October 30), which represents a $12,570 decrease compared to the previous 30 day period (September 1 - September 30) and ($897) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Oshawa over the last 30 days (October 1 - October 30) stood at 60.3%, up from 47.1% over the previous 30 days (September 1 - September 30) and down from 65.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Oshawa stood at 20 days when successfully sold over the last 30 days (October 1 - October 30), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Epic Realty
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