Attention investors, developers, builders, and visionaries! Exceptional development opportunity just 1.4 km from University of Ontario Tech (UOIT). This rare 2.28-acre parcel of land in North Oshawa comes with an income-generating bungalow at its heart. This property can be sold with neighboring 1478 Simcoe St North, a detached 4 bedroom home boasting a huge 50x250 lot, 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
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25 Year , 4.99% interest
Real Estate Board require you toSign Into see the full details of this property
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House for Sale in Oshawa - 1482 Simcoe Street N, Oshawa
Welcome to this remarkable detached bungalow located at 1482 Simcoe Street N, Oshawa. Situated in the vibrant community of Samac, this property offers a unique investment opportunity for all investors, developers, builders, and visionaries. With its unbeatable location and vast potential, this house is a must-see for those seeking a development opportunity or land assembly in Oshawa.
The exterior of this charming bungalow features Alum Siding, giving it a classic and timeless appeal. As you step inside, you'll find a well-designed floor plan with a total of 7 rooms, including 3 bedrooms and 2 dens. The spacious kitchen is perfect for preparing delicious meals and enjoying quality time with family and friends. Additionally, the finished basement provides extra space for various purposes.
Although this house does not have AC, it offers other desirable features such as internet connectivity, radiant heat, and municipal water and sewer services. The furnishing is unfurnished, allowing you to personalize the space according to your taste and style.
The property also boasts a generous lot size of 97 X 0 Feet, providing ample space for outdoor activities and potential future expansion. With an additional land of 2-4.99 acres, the possibilities are endless. The attached garage offers convenient parking for one vehicle, while the private driveway can accommodate up to 10 more cars.
One of the remarkable aspects of this property is its location. Situated in an area of intensification, new development, and growth, this house for sale in Oshawa is just minutes away from UOIT, grocery stores, schools, public transit, and more. The proximity to R S Mclaughlin Collegiate and Vocational Institute, a renowned secondary school, ensures easy access to quality education for your family.
For those considering the potential for future development, this property falls under the Medium Density II designation of the Samac Secondary Plan. This designation allows for 60-85 units per hectare, making it an excellent opportunity for townhomes, apartment buildings, nursing homes, and more. Please note that this property must be sold with the neighboring 1478 Simcoe St N, a detached home with a 50x250 lot, to create an even larger footprint.
Don't miss out on this rare chance to own a piece of prime real estate in Oshawa. Whether you're an investor looking for a profitable venture or a developer seeking a promising project, this house for sale in Oshawa at 1482 Simcoe Street N is the perfect opportunity. Act now and seize the potential that awaits you in this thriving community.
Remember, this house for sale in Oshawa at 1482 Simcoe Street N is an incredible investment opportunity that should not be overlooked. Contact us today to schedule a viewing and explore the endless possibilities that this property has to offer.
Samac is a charming community located in the city of Oshawa, Ontario. Situated in the eastern part of the city, Samac offers a peaceful and welcoming environment for its residents. Nestled amidst lush greenery and picturesque landscapes, this community is known for its serene atmosphere and close-knit feel. The area boasts a variety of housing options, from cozy single-family homes to modern apartments, catering to the diverse needs of its residents. With easy access to essential amenities such as schools, parks, and shopping centres, Samac ensures convenience without compromising on tranquility. Whether you're looking to enjoy nature walks, engage in recreational activities, or simply unwind in a serene setting, Samac provides an ideal haven for residents seeking a harmonious and fulfilling lifestyle.
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