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Central, Oshawa
$450,000
Attention all Domestic & Foreign Investors, Builders, Developers and Social Services Operators ! This serene Site located along Park at end of Cul-de-Sac street, less than 900 meter walking distance from proposed New GO station is already zoned for 5-plex as per New Zoning bylaw CO-A. No Parking Requirements. Available now for review for serious prospect are concept drawings for addition(s) up to 5500 sf GFA, residential 5-plex and/or Group home ("C" or "B2") with 10 accommodation capacity for up to 10 residents plus stuff. Design Work stated on Site Plan Approval: currently finalizing Design Briefs and Concept Drawings for review by City and Conservation Authority as to optimize the use of this attractive serene site - minor variance and development limits coordination. Available now are: NEW SURVEY, ACTIVE BUILDING PERMIT for 3 Bedroom Upstairs. Kitchen Living on 1st Floor. GFA Approx. 1360 SF, Existing, unfinished Basement. Please note, the Listing Price incudes the House As Is now (image2), along with Current Building Permit, subject to coordination of transfer of permits as per procedures by City and Conservation Authority. Buyer to do own due diligence and use their own discretion in assessment of Cost of Construction for the Approved (1) Dwelling Unit as per current Building Permit (rendering 1). Seller reserves the rights to update the conditions and price as the design work advances beyond current Bldg. Permit. Seller would consider partnership in delivery of the project as turn-key in either option: 1360 SF house or up 5500 SF 5-plex or Group Home. *For Additional Property Details Click The Brochure Icon Below*
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,425 |
| Lot Size | 66 ft x 0 ft |
| mls© Number | E13750532 |
| Listed By | ICI SOURCE REAL ASSET SERVICES INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,303
- Property tax
- $285
- Heat allowance
- $150
- Housing costs
- $2,739 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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