421 Bloor Street, Oshawa (Farewell), Ontario, L1H3M9
$5,850,000
Oshawa
This lot in Oshawa is for sale. It has been on the market 55 days, fresher than the Oshawa average of 136 days.
Attention all developers, builders and Investors! Amazing opportunity to purchase this development property zoned R2 R3-A, R4-A and R6-B to accommodate either 2 five storey apartment buildings or 2 five storey condominium buildings. Situated adjacent to the 401corridor in Oshawa and close to all amenities. The plans have been completed and approved and will available to serious buyers only upon request as noted: Archaeological Assessment Stage 1 and 2; Environmental Site Assessment Report, Stage 1 and 2; Regional Municipality of Durham Servicing Agreement approved; Minor Variance Application approved; Architectural drawings available; CN (Canadian National Railway) Agreement registered; CN Transfer Easement Agreement registered; Road widening Agreements with the Regional Municipality of Durham registered; Topography Assessment completed; Environmental Noises Assessment completed; proposed floor plans available. "Site Plan approved" Architectural blacklines only, no working drawings available. Buyer to reimburse the Seller for all securities paid by the Seller, if applicable, which shall be adjusted for on the closing. With all the agreements in place and finalized this is a great opportunity commence the construction process. Don't miss this opportunity! (id:66096)
Long Listed: 55 days on market, against an average age of 136 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 (Farewell) has been listed for 55 days, which is 81 days fresher than the city average of 136. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,850,000, about 79.6× the local median household income of $73,500.
Carrying it typically needs a household income of about $1,142,710 (20% down, 25-yr amortization, stress-tested) — roughly 1455% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1H)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.
Check your site with PreBuildIQ →