59 Park Rd S

For Sale New 5 Days
$1

59 Park Rd S

For Sale New 5 Days
$1

Highlights

Key insights

Description

An exceptional opportunity to acquire a fully assembled site of 5 residential lots located directly on an arterial road abutting a commercial plaza, designated as "High Density II Residential" in Oshawa's Official Plan, permitting the city's second-highest density. Currently zoned R5 / R7, the site allows for many uses, including apartment development, but the zoning significantly underutilizes the full potential of the official plan, making this an ideal candidate for rezoning and intensification. What sets this offering apart is the turnkey nature of the assembly - no risk of delayed acquisitions or holdout owners. All five sellers are aligned and committed to selling simultaneously, eliminating typical land assembly headaches and carrying risks. Situated just 1 KM from downtown Oshawa and steps to transit, this location offers unmatched urban convenience and growth potential. With Oshawa ranked among the fastest municipalities for development approvals, this site is poised for rapid progression. Sellers are open to vendor take-back (VTB) financing and may offer leaseback options during the entitlement phase, providing flexible terms to streamline your development timeline. Perfect for builders, developers, and forward-thinking investors - capitalize on Oshawa's intensifying growth and unlock the potential of this rare, high-density development parcel. (id:63267)

AFSHIN NABAVI of TESA REAL ESTATE INC.,
#E12093177
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Sanitary sewer
Interior
  • # total bathrooms
    0.0
Location
  • Subdivision
    Vanier
Overview
  • Lot size (acres)
    0.0
  • Listing #
    E12093177
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28191560/59-park-road-s-oshawa-vanier-vanier
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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