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Price Change$419,000

85 Hall Street

Central, Oshawa

$450,000

Detached|1 1/2 Storey
3 | 1 | 1
About this home

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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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,425
Lot Size66 ft x 0 ft
mls© NumberE13750532
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

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  • No recent lease history for this listing.

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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.

Down payment20% · $90,000
25-yr amortization

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 check

Investment Analysis

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