A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 55 Park Rd, Oshawa Ontario L1J 4G7
107 days on Market

55 Park Rd, Oshawa, Ontario L1J 4G7

Detached
4
2
~1500-2000 sqft
$1
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Detached
4
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market107 days

Estimated valueNot available

Price/Sqft$0/sqft

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CMA Subject Property

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+13

Properties sold*

$608K

Median sold price*

*Based on last 30 days

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.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size11,970 SqFt(210 x 57)
Parking Spaces5
MLS ®NumberE12093184
Community NameCentral Oshawa
Data SourceTRREB
Listing byTESA REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Features

Lot size: 11,970 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

Apr 21, 2025
ListedActive
$1
107 days on market
history photo preview2
Listing by trreb®

Market Data - Central Oshawa

Geo Zone Map ThumbnailCentral Oshawa

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

28 days

2023

14 days

2022

11 days

New Listings

Past 30 days

37 listings

Compared to

2024

29 listings

2023

34 listings

2022

40 listings

Units sold

Past 30 days

15 units

Compared to

2024

13 units

2023

17 units

2022

20 units

Median Sold Price

Past 30 days

$590,000

Compared to

2024

$608,000

2023

$660,000

2022

$616,000


Population and Demographics

Overview

Total population 23303
Average household income $90,366

Age (%)

0 to 19
20%
20 to 34
23%
35 to 49
19%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
52%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
90%
Others
5%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget