Property 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!
Show MoreLocation Description
TAUNTON RD W & THORNTON RD N
Property Details
- Community: Northglen
- Property Type: Tenant/Commercial
- Bath: 1
- Garages: None
- Annual Property Taxes : $ 84541
Building Features
- Parking Type : None
Building Features
- Heating : Gas Forced Air Open
- Sewer : Sanitary+Storm ,
Rooms
Listing Contracted With: CENTURY 21 LEADING EDGE REALTY INC.
Listed By Agents Details
Neerajan Vijayakanthan
Realtor
RE/MAX ACE REALTY INC.,
3-1266 Kennedy Rd ,
Toronto , ON M1P 2L5
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