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    For Sale - 55 Park Road, Oshawa, Ontario

    Est payment $0/mo
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    Time on Jump  90 day

    AI Summary *

    • Ideal for developers with five residential lots ready for assembly.
    • Zoned for high-density residential, allowing for apartment development.
    • Located on an arterial road near commercial amenities and transit.
    • Close to downtown Oshawa, enhancing urban living convenience.
    • Flexible financing and leaseback options streamline the development process.




    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.
    Listing IDE12093184
    Address55 Park Road
    CityOshawa, Ontario
    Price$1
    Bed / Bath4 / 2 Full
    Style1 1/2 Storey, Detached
    ConstructionVinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water HeaterOwnership FreeholdBasement UnfinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  TESA REAL ESTATE INC.
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    55 Park Road
    Oshawa , Ontario
    4 2 $1
    Get more info