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Samac · L1H 7K4
$995,000
MLS® #E13148872
2
Bathrooms
About This Property
ATTENTION DEVELOPERS, BUILDERS & SAVVY INVESTORS! Incredible, high-demand development or income opportunity in the absolute heart of North Oshawa's intensification corridor. Situated on a prime 0.262-acre parcel on Simcoe St N, this property is located directly across from Durham College and Ontario Tech University and a few mins south of Hwy 407 on-ramps, boasting unbeatable visibility and premium student-housing appeal. The site is perfectly positioned for high-density residential or mixed-use commercial/residential development. Unparalleled precedent set to the north of this property with a submitted application for a 33-unit high-density stacked townhouse/apartment development highlighting the trend for massive intensification in the immediate vicinity. While you plan your landmark future development, capitalize on the massive immediate rental demand. The property features a solid immaculately maintained house plus a highly unique, detached bonus building at the rear, presenting an outstanding opportunity for a potential future Garden Suite or secondary income unit (subject to municipal approvals). Maximize your cash flow or student rental portfolio on day one while your site plans are finalized. Do not miss the opportunity to secure this location in Oshawa's fastest-growing academic hub.
General Information
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Estimated monthly payment
$4,888
Down payment: $199,000 · Loan: $796,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
Keller Williams Energy Real Estate
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 26, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.