2045 Grandview Street North, Oshawa (Kedron), Ontario, L1H8L7
$5,750,000
Oshawa
This lot in Oshawa is for sale offering roughly 2 sq ft of space.
Prime residential development opportunity in North Oshawa's rapidly expanding growth corridor. This strategically located site presents the potential for a proposed 54-unit stacked townhouse development and offers developers a unique opportunity to capitalize on strong long-term housing demand in the region. Municipal services have been stubbed to the property line, reducing future servicing costs and enhancing development feasibility. A clean Phase I Environmental Site Assessment has been completed, and significant planning and due diligence work has already been undertaken. The property has received positive feedback regarding advancement through the development approval process, providing a strong foundation for future approvals. Surrounded by existing and planned residential communities, schools, parks, shopping, and major transportation routes, this site is ideally positioned for future growth. Supporting studies and development information available upon execution of a confidentiality agreement. Exceptional opportunity for builders, developers, and investors seeking a well-located residential land acquisition in one of Durham Region's most active development markets. (id:66096)
Long Listed: 204 days on market, against an average age of 51 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Oshawa (Kedron) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,750,000, about 78.2× the local median household income of $73,500.
Carrying it typically needs a household income of about $1,123,176 (20% down, 25-yr amortization, stress-tested) — roughly 1428% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1H)
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