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Property Description
Development Opportunity WITH HOLDING INCOME !!! This 2.25-acre parcel is a prime investment with R4-A / R6-B "H-76" zoning, allowing for a variety of high-demand developments, including:TownhomesApartment BuildingsLong-Term Care FacilitiesNursing HomesRetirement Homes/ Additionally, this property is designated under the Samac Secondary Plan as Medium Density II, providing incredible potential for 60 to 85 units per hectare.Whether you're planning a residential development or a community-focused facility, this property offers unparalleled flexibility and growth opportunities. Dont miss out on the chance to shape the future in this highly desirable location!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-12 | 2024-08-31 | 172 | $2,348,000 | - | Suspended |
| 2023-11-20 | 2024-03-12 | 113 | $2,599,000 | - | Suspended |
| 2023-03-24 | 2023-04-02 | 9 | $2,950 | $2,950 | Leased |
| 2023-02-25 | 2023-02-28 | 3 | $2,750 | - | Suspended |
| 2021-08-24 | 2021-08-27 | 4 | $2,575 | $2,575 | Leased |
| 2021-04-21 | 2021-06-11 | 51 | $1,950,000 | $1,818,939 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Acreage
2-4.99
Fronting
West
Taxes
$6,800 (2024)
Basement
Sep Entrance
Exterior
Alum Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.32' x 17.62' | |
| Dining | Main | 9.28' x 9.88' | |
| Living | Main | 11.91' x 19.32' | |
| Prim Bdrm | Main | 15.22' x 11.22' | |
| 2nd Br | Main | 11.32' x 11.42' | |
| 3rd Br | Main | 11.35' x 10.89' | |
| Rec | Bsmt | 32.87' x 17.81' | |
| Other | Bsmt | 11.98' x 11.32' | |
| Other | Bsmt | 11.32' x 11.02' |
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Oshawa Market Statistics
Oshawa Price Trend
1482 Simcoe St N is a 3-bedroom 1-bathroom home listed for sale at $3,180,000, which is $2,431,882 (325.1%) higher than the average sold price of $748,118 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Oshawa declined by $23,459 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $25,795 (3.3%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Oshawa over the last 30 days (December 19 - January 17), which is down 14.3% compared with the previous 30 day period (November 19 - December 18) and up 82.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold ($2,055) (0.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,777 increase compared to the previous 30 day period (November 19 - December 18) and ($16,597) more 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 3-bedroom homes in Oshawa over the last 30 days (December 19 - January 17) stood at 58.3%, down from 91.8% over the previous 30 days (November 19 - December 18) and down from 113.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Oshawa stood at 23 days when successfully sold over the last 30 days (December 19 - January 17), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Lsg Realty Inc.
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