755 OKLAHOMA Drive, Pickering, ON L1W 2H4
Pickering
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 755 OKLAHOMA Drive, Pickering, ON L1W 2H4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13152226
Listed by HC REALTY GROUP INC.
On market since May 20, 2026
755 OKLAHOMA Drive, Pickering, ON L1W 2H4 is listed for $5,500,000 CAD.
755 OKLAHOMA Drive, Pickering, ON L1W 2H4 is a Land, 49,933 sq ft.
755 OKLAHOMA Drive, Pickering, ON L1W 2H4 is in Pickering, Ontario.
755 OKLAHOMA Drive, Pickering, ON L1W 2H4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 755 OKLAHOMA Drive, Pickering, ON L1W 2H4 (MLS# E13152226). You can also send a message through the contact form on this site.
