1478 Simcoe St N

Samac, Oshawa, L1G 4X7
FOR SALE
$849,000
1478 Simcoe St N, Oshawa
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
1478 Simcoe St N
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
E8136580
MLSID
Contact 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!
Extras
Unbeatable location, minutes away from UOIT, grocery stores, schools, public transit, and more. Found in an area of intensification, new development, and growth.
Nearby Intersections
Property Features
Public Transit, School
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 250'
Fronting
West
Taxes
$5,026 (2024)
Basement
Finished
Exterior
Alum Siding, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
5
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain12.37' x 12.40'Tile Floor, Stainless Steel Appl, Eat-In Kitchen
DiningMain10.27' x 10.40'Tile Floor, W/O To Deck, Window
LivingMain13.22' x 11.65'Hardwood Floor, Window
OfficeMain11.12' x 8.30'Hardwood Floor, Closet, Window
Prim Bdrm2nd12.99' x 11.58'W/I Closet
2nd Br2nd10.66' x 10.07'Closet, Window
3rd Br2nd10.04' x 9.71'Closet, Window
4th Br2nd9.35' x 9.35'Closet, Window
Great RmBsmt12.30' x 19.78'Laminate, Gas Fireplace, 2 Pc Bath
BrBsmt10.63' x 11.78'3 Pc Bath
Oshawa Market Statistics
Oshawa Price Trend
1478 Simcoe St N is a 4-bedroom 3-bathroom home listed for sale at $849,000, which is $280,032 (24.8%) lower than the average sold price of $1,129,032 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Oshawa increased by $15,215 (1.4%) compared to the previous 30 day period (February 26 - March 26) and up $22,458 (2.0%) from the same time one year ago.
Inventory Change
There were 100 4-bedroom homes listed in Oshawa over the last 30 days (March 27 - April 25), which is up 16.3% compared with the previous 30 day period (February 26 - March 26) and up 8.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold $23,803 (2.1%) above asking price over the last 30 days (March 27 - April 25), which represents a $10,286 increase compared to the previous 30 day period (February 26 - March 26) and $40,529 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oshawa over the last 30 days (March 27 - April 25) stood at 58.0%, up from 57.0% over the previous 30 days (February 26 - March 26) and down from 65.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oshawa stood at 10 days when successfully sold over the last 30 days (March 27 - April 25), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Excelsior Realty Inc.
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