$995,000Asking Price
ATTENTION DEVELOPERS, BUILDERS & SAVVY INVESTORS! Incredible, high-demand development or income opportunity in the absolute heart of North Oshawa's intensification corridor. Situated on a prime 0.262-acre parcel on Simcoe St N, this property is located directly across from Durham College and Ontario Tech University and a few mins south of Hwy 407 on-ramps, boasting unbeatable visibility and premium student-housing appeal. The site is perfectly positioned for high-density residential or mixed-use commercial/residential development. Unparalleled precedent set to the north of this property with a submitted application for a 33-unit high-density stacked townhouse/apartment development highlighting the trend for massive intensification in the immediate vicinity. While you plan your landmark future development, capitalize on the massive immediate rental demand. The property features a solid immaculately maintained house plus a highly unique, detached bonus building at the rear, presenting an outstanding opportunity for a potential future Garden Suite or secondary income unit (subject to municipal approvals). Maximize your cash flow or student rental portfolio on day one while your site plans are finalized. Do not miss the opportunity to secure this location in Oshawa's fastest-growing academic hub.
ATTENTION DEVELOPERS, BUILDERS & SAVVY INVESTORS! Incredible, high-demand development or income opportunity in the absolute heart of North Oshawa's intensification corridor. Situated on a prime 0.262-acre parcel on Simcoe St N, this property is located directly across from Durham College and Ontario Tech University and a few mins south of Hwy 407 on-ramps, boasting unbeatable visibility and premium student-housing appeal. The site is perfectly positioned for high-density residential or mixed-use commercial/residential development. Unparalleled precedent set to the north of this property with a submitted application for a 33-unit high-density stacked townhouse/apartment development highlighting the trend for massive intensification in the immediate vicinity. While you plan your landmark future development, capitalize on the massive immediate rental demand. The property features a solid immaculately maintained house plus a highly unique, detached bonus building at the rear, presenting an outstanding opportunity for a potential future Garden Suite or secondary income unit (subject to municipal approvals). Maximize your cash flow or student rental portfolio on day one while your site plans are finalized. Do not miss the opportunity to secure this location in Oshawa's fastest-growing academic hub.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom on Ground Floor | ||||
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Samac, Oshawa is an east GTA neighbourhood notable for its university grads, business and education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 35 to 49.
Kids Per Family
1.3
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Oshawa (47%)
19%
of residents
are renters.
19% renters
Oshawa (32%)
24%
of residents are
university grads.
24% university grads
Oshawa (19%)Average Household Income
$110K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Trades | 10% |
| Business | 10% |
| Government | 9% |
| Management | 6% |
24%
of residents were
born outside of Canada.
24% immigrants
Oshawa (18%)3.7% from Caribbean
All-time
0.8% from India
Recent
Foreign Languages
| Urdu | 2% |
| French | 2% |
| Tamil | 2% |
| Arabic | 1% |
| Polish | 1% |
Religions
| Christian | 68% |
| Muslim | 4% |
| Hindu | 3% |