755 OKLAHOMA DRIVE, Pickering (West Shore)

2026-05-21
 

Quick Summary

Location
755 OKLAHOMA DRIVE, Pickering (West Shore), Ontario L1W2H4
Price
$5,500,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Area:
49934 sqft

MLS®#E13152226

Property Description

PICKERING DEVELOPMENT SITE | DRAFT PLAN APPROVED Rare 1.146-acre redevelopment opportunity with draft plan approval for 27 townhouse units in a prime Pickering location. Currently generating approx. $320,000 annual rental income (5.8% return based on $5.5M asking price) from existing church and daycare tenants. Enjoy strong holding income while planning redevelopment. Signed termination clauses provide future flexibility, with potential to redesign the site and increase density/unit count. Walking distance to the lake, with Frenchman's Bay and waterfront trails practically in your backyard. Exceptional location near Highway 401, GO Transit, parks, and convenient access to downtown Toronto. Draft Plan Approved Strong In-Place Cash Flow Waterfront Lifestyle Location Prime Growth Corridor Future Development UpsideRare opportunity for developers, builders, and investors. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Public Transit

Building

  • Fireplace: No
  • Interior Size: 49934 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 164.43 x 286.86 FT
  • Sewer: Septic System

Zoning

  • Description: R3

Information entered by HC REALTY GROUP INC.
Listing information last updated on: 2026-05-20 21:43:28


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent ?

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