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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!
Unbeatable location, minutes away from UOIT, grocery stores, schools, public transit, and more. Found in an area of intensification, new development, and growth.
City: Oshawa
Neighborhood: Samac
Purchase Price | $899000 |
Down Payment | $179800 |
Mortgage Insurance | $0 |
Total Mortgage | $719200 |
Mortgage Payment | $4432 |
Property Taxes | $419 |
Maintenance Fees | $0 |
Monthly Payment | $4851 |
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Located at 1478 Simcoe St N , this Oshawa house is available for sale. This property was listed for $849,000 on Fri Apr 12 2024. This house's size is 50.00 x 250.00 Feet. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Bathroom, Office, Prim Bdrm, 2nd Br, 3rd Br, 4th Br, Bathroom, Great Rm, Br. This property comes with 5 parking spots. 1478 Simcoe St N, Oshawa is situated in the Samac neighbourhood.
MLS#: E8136580 · $849,000 · 4 bedroom house in Samac, Oshawa