755 OKLAHOMA Drive
Pickering, ON
- 49,933 sqft
- Land
- 114 days on market
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.
Listing Details
- Taxes (2025)
- $68,435
- Listed
- May 20, 2026
Price History
Property
- Lot Size
- 164.43 x 286.86 Feet
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- Oklahoma Dr/Eyer Dr
- Zoning
- R3
- Parcel Number
- 263110696
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area L1W
- Population
- 18,433
- Private dwellings
- 7,323
- Median age
- 42.8
- Average household size
- 2.6
- Median household income
- $106,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Pickering · last 12 months
- Median sold price
- $865,000
- Homes sold
- 1,269
- Median days on market
- 20
- Sale-to-list price
- 99.3%
Based on 1,269 recorded sales of commercial properties in Pickering over the last 12 months.
Listed by
HC REALTY GROUP INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 49,933 sq ft
- Price per sq ft
- $110.15
- Annual property tax
- $68,435
- Tax per sq ft
- $1.37
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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