49 Park Road S Oshawa ON L1J 4G7
$ 1

Listing ID

#E12093206

Property Type

Detached

Property Style

Bungalow

County

Durham

Neighborhood

Vanier

Days on website

239

Description
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.
Location
Financial Information
Taxes:  $ 4582
Property Features
Air Conditioning:  Central Air
Approximate Square Footage:  1100-1500
Basement:  Unfinished
Exterior:  Vinyl Siding
Foundation Details:  Concrete Block
Fronting On:  East
Garage Type:  Detached
Heat Source:  Gas
Heat Type:  Forced Air
Interior Features:  Water Heater
Roof:  Asphalt Shingle
Sewers:  Sewer
Listed By:     TESA REAL ESTATE INC.