Overview

This lot in Oshawa is for sale offering roughly 1,750 sq ft of space. It has been on the market 89 days, fresher than the Oshawa average of 108 days.

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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

89d

Oshawa (Donevan) listings, avg age

108d

Price / ft²

$857

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.

Haho

This vacant land in Oshawa (Donevan) has been listed for 89 days, which is 19 days fresher than the city average of 108. Act while there is still low competition.

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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)

$1,500,000· $857/ft²

For sale

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Financing

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

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L1K)

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