$1,500,000

For sale

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54 Townline Road South, Oshawa (Donevan) - Vacant Land for Sale

54 Townline Road South, Oshawa (Donevan), Ontario, L1K1B1

20,517 sq ft (0.47 ac) lotListed 113 days ago

Overview

This lot in Oshawa is for sale.

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$1,500,000

For sale

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Financing

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54 Townline Road South, Oshawa (Donevan), Ontario, L1K1B1

Lot 88 × 237 ft (20,903 sq ft)1,750 ft²

Listed by Century 21 Infinity Realty Inc.

374 Farewell Street, Oshawa (Donevan), Ontario, L1H6M2

For sale

1745 days ago

$2.00M

374 Farewell Street, Oshawa (Donevan), Ontario, L1H6M2

Lot 318 × 92 ft (29,317 sq ft)

Listed by RE/MAX Jazz INC.

For sale

1745 days ago

$2.00M

374 Farewell Street, Oshawa (Donevan), Ontario, L1H6M2

Lot 318 × 92 ft (29,317 sq ft)32,292 ft²

Listed by RE/MAX Jazz INC.

$1,500,000

Oshawa

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Description

Excellent Development Opportunity In Oshawa! Approximately 88 Ft Frontage On Townline Road South, 82 Ft On Merivale Street And 237 Ft Deep. Potential To Create Four Lots, Two Fronting Townline Road South And Two Fronting Merivale Street. Severances Not Yet Completed. City Has Assigned Two Municipal Addresses To The Future Merivale Lots, With Hydro, Water, Sewer And Gas Services To The Lot Line Already Paid For. Existing Home On Townline Offers Potential Rental Income During Development. Great Opportunity For A Small Developer Or Builder. (id:66096)

Market Timing

Days on market

113d

Oshawa (Donevan) listings, avg age

108d

List price

$1.50M

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.

Area context

Neighbourhood profile (L1K)

This home lists at $1,500,000, about 12.6× the local median household income of $119,000.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 146% above the area median.

Median household income: $119,000
Population: 43,574
Median age: 37.2
Owner / renter: 84% / 16%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L1K)

54 Townline Road South, Oshawa (Donevan) - Vacant Land for Sale

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Description

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Market Timing

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Neighbourhood profile (L1K)