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List Price: $1

55 Park Road, Oshawa, L1J 4G7

- By TESA REAL ESTATE INC.
Detached|MLS - #E12093184|New
4 Bed
2 Bath
1500-2000 Sqft.
57 x 210 Feet
Detached Garage

Price comparison with similar homes in Oshawa

Compared to 36 similar homes
-100.0% Lower
Market Avg. of (36 similar homes)
$904,391

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Client Remarks

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. Contact Listing Agent for Offering Memorandum and/or more details.
Property Description

55 Park Road, Oshawa, L1J 4G7

Property type

Detached

Lot size

N/A acres

Style

1 1/2 Storey

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Unfinished

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

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Walk around the neighborhood
55 Park Road, Oshawa, L1J 4G7
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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