78 Bond ST W, Oshawa, ON L1G 1A5
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78 Bond ST W, Oshawa, ON L1G 1A5
78 Bond ST W, Oshawa, ON L1G 1A5
78 Bond ST W, Oshawa, ON L1G 1A5
78 Bond ST W, Oshawa, ON L1G 1A5
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78 Bond ST W Oshawa, ON L1G 1A5

14 Baths


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision O'Neill

MLS Listing ID E13732138

Annual Tax Amount $30,000

Tax Year 2026

Property Sub-Type Commercial Retail

Property Description

Exceptional Downtown Development Opportunity! Prime 135' x 259' feet site with the rare advantage of frontage/access from both Bond Street W and Richmond Street, offering excellent flexibility for future development. The property is in the final stages of Site Plan Approval (SPA) for a proposed 150-unit residential development, with the Seller to provide the approved SPA in accordance with the plans/drawings attached to the listing. A major development incentive has already been secured with municipal development charges waived, representing estimated savings of approximately $25,000 per unit, or approximately $3.7M based on the proposed 150 units. The property is currently occupied by an established vehicle rental tenant under an existing lease, providing immediate rental income to help offset carrying costs while preparing for redevelopment. The lease provides for termination with approximately nine (9) months' notice, subject to its terms. An outstanding opportunity to acquire a strategically located, income-producing development site with advanced approvals, substantial development-charge savings, excellent rental potential and rare dual-street access in the downtown core. Buyer to verify all development information, approvals, DC incentives/waivers and lease terms.

Location

Province ON

County Durham

Area Durham

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Available

Lot Frontage 135.91

Lot Depth 259.43

Building

Building Age 16-30

Others

Security Features Yes

ParcelsYN No


Listed by REVEL REALTY INC.
Ayan Deb

Ayan Deb

Agent

+1(416) 953-2121

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78 Bond ST W