Incredible Investment & Future Development Opportunity in Prime Pickering LocationThis 1.36-acre income-producing site features a fully operating gas station, car wash, and Starbucks tenant. Ideally situated directly beside the Pickering GO Station, with immediate access to Hwy 401 and surrounded by major high-density developments.The property is zoned and located within the Citys Urban Growth Centre / Intensification Zone and currently has applications filed for 430,000 sq. ft. of gross floor area (GFA). This positions the site as a rare transit-oriented development opportunity with exceptional long-term upside.In the interim, there is strong holding income in place, supported by a solid tenant mix. The combination of high visibility, prime location, stable income, and clear path for intensification makes this a true trophy asset for investors and developers alike.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
3384 sq. ft. Square Feet
Total Area:
3,383.6 sq. ft.314 m2
Retail Area:
3384 sq. ft. Sq Ft
Depth:
237'72.2 m
Frontage:
503'153 m
Lot Shape:
Irregular
Lot Details:
0.00 x 0.00 Acres
Water supply:
Municipal
Rooms:
0
Zoning:
Urban Residential - Intensification
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$53,000 /
2025
Assessment:
$- /
-
Pickering
Bay Ridges
Durham
Major Highway, Public Transit
Yes
The owner of the property owns both the C-Store (with a monthly income of $20,000 - $30,000)and the carwash (with a monthly income of $15,000). There is a lease in place with Starbucks($7,000 per month).
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