Size
-
Lot size
12932 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$0
Taxes
$5,154 (2024)
Parking Type
-
Style
2-Storey
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Description
An exceptional opportunity to acquire a fully assembled site of 5 residential lots located directly on an arterial road abutting a commercial plaza, designated as "High Density II Residential" in Oshawa's Official Plan, permitting the city's second-highest density. Currently zoned R5 / R7, the site allows for many uses, including apartment development, but the zoning significantly underutilizes the full potential of the official plan, making this an ideal candidate for rezoning and intensification. What sets this offering apart is the turnkey nature of the assembly - no risk of delayed acquisitions or holdout owners. All five sellers are aligned and committed to selling simultaneously, eliminating typical land assembly headaches and carrying risks. Situated just 1 KM from downtown Oshawa and steps to transit, this location offers unmatched urban convenience and growth potential. With Oshawa ranked among the fastest municipalities for development approvals, this site is poised for rapid progression. Sellers are open to vendor take-back (VTB) financing and may offer leaseback options during the entitlement phase, providing flexible terms to streamline your development timeline. Perfect for builders, developers, and forward-thinking investors - capitalize on Oshawa's intensifying growth and unlock the potential of this rare, high-density development parcel.
Broker: TESA REAL ESTATE INC.
MLS®#: E12093197
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
61 Ft
Lot depth:
212 Ft
Listed on:
Apr 21, 2025
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Instant estimate:
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$334,557
higher than listed pricei
High
$348,139
Mid
$334,558
Low
$318,719