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$995,000
Est. payment /mo
2 Baths
New
2033 Simcoe ST N Oshawa, ON L1H 7K4
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Samac
MLS Listing ID E13148872
Annual Tax Amount $7,467
Tax Year 2026
Property Sub-Type Investment
Lot Depth 202.53
Lot Front 55.08
Property Description
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.
Location
Province ON
County Durham
Area Durham
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 55.08
Lot Depth 202.53
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by Keller Williams Energy Real Estate
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