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.
Address
78 Bond Street W
List Price
$1
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Oshawa
Sub-Area
O'Neill
Region
Durham
Bathrooms
14
Lot Size Source
GeoWarehouse
Lot Depth
259.43
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
L Shaped
Lot Size Units
Feet
Lot Width
135.91
Parcel Number
163140291
Total Building Area
0.517
Occupant Type
Tenant
Cross Street
Bond and Mcmillan
Approx. Age
16 - 30 Years
MLS® Number
E13732138
Listing Brokerage
REVEL REALTY INC.
Basement
Yes
Postal Code
L1G 1A5
Posession Details
TBD
Parking Spaces
50
Tax Amount
$30,000.00
Tax Year
2026
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
UFFI
No
Garage Type
In/Out
Tax Legal Description
Plan H-50002 Lot 9 PT Lot1.8.9.1 Subject to Right of Way
Security Features
Yes
Sewer
Sanitary+Storm
Login To View 6 Additional Details On 78 Bond Street W
Get instant access to more information with a free account.
Already have an account? Login