1478 Simcoe St N
Oshawa, L1G4X7
For Sale
$849,000
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Designated
CATEGORY12,454 Sq Ft
TOTAL AREAE8136568
MLSIDContact Us
Property Description
Attention investors, developers, builders, and visionaries! Exceptional development opportunity just 1.4 km from University of Ontario Tech (UOIT). This large, 4 bedroom detached home, boasts a huge 50x250 lot. This property can be sold with neighboring 1482 Simcoe St North, a lovely detached bungalow on a sprawling 2.28 acre parcel of land, expanding your footprint and enjoying a combined frontage of over 147' on prized Simcoe St North. Positioned within the Medium Density II designation of the Samac Secondary Plan, this property offers the potential for 60-85 units per hectare*, making it a prime location for multi-unit residential development. Don't miss out on this incredible opportunity to shape the future of this thriving community!
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Extras
Unbeatable location, minutes away from UOIT, grocery stores, schools, public transit, and more. Found in an area of intensification, new development, and growth.
Property Details
Category
Designated
Zoning
R1-C
Total Area
12,454 Sq Ft
Lot Size
50' x 250'
Taxes
$5,026 (2024)
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Listing contracted with Homelife Excelsior Realty Inc.
Similar Listings
2 lots for the price of one! Centrally located in Oshawa, right off of Highway 401! Large 0.27 acre lot zoned R3-A/R5-B/R7-A which allows for ample opportunities for building potential! The lots can support diverse building projects! Potential for multiplex apartment building, rental building, potential for commercial building with commercial units at bottom and apartments on top! Current zoning permits for a 3-storey apartment building! Steps away to public transit and major Highway 401 West! See drawings and photos attached!
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