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$5,500,000
Ontario,Pickering (West Shore)
For Sale Active
755 OKLAHOMA DRIVE, Pickering (West Shore), Ontario L1W2H4
  • 49,934 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: E13152226
  • Price: $5,500,000
  • Square Footage: 49,934 Sqft
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 289061
Features & Appliances
Features
  • Sewer: Septic System
Address Map
  • Location: CA, Ontario, Pickering (West Shore), L1W2H4
  • Street: OKLAHOMA
  • Street Number: 755
  • Street Suffix: Drive
  • Longitude: W80° 53' 26.4''
  • Latitude: N43° 48' 42.6''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 164.43 x 286.86 FT
Financial
  • Tax Annual Amount: 68434.94
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Listing updated: 2026-05-25 08:56:57
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Listing Information
  • List Agent Key: 1910671
  • List Office Key: 289061
  • Modification Timestamp: 2026-05-20T21:51:02Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-05-20T21:43:28Z
Powered by REALTOR.ca
Listing updated: 2026-05-25 08:56:57
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