A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1478 Simcoe St, Oshawa Ontario L1G 4X7
3 days on Market

1478 Simcoe St, Oshawa, Ontario L1G 4X7

Detached
4 + 1
3
- sqft
$3,180,000
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Detached
4 + 1
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$13,657/mo

Tax Amount (2024)$5,000/yr

Days On Market3 days


Description

Attention Investors, Developers, Builders, and Visionaries!Discover an exceptional development opportunity just 1.4 km from the University of Ontario Institute of Technology (UOIT). This spacious 4-bedroom detached home sits on a large 50x250 ft lot, offering tremendous potential for redevelopment with RENTAL INCOME IN PLACE! Located within the Medium Density II designation of the Samac Secondary Plan, this site offers the potential for 60 to 85 units per hectare, making it an ideal choice for multi-unit residential development.Dont miss this rare chance to expand your footprint and transform the future of this thriving community. Opportunities like this are few and far between!! Seize the moment!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size12,500 SqFt(250 x 50)
Parking Spaces5
MLS ®NumberE11943120
Community NameSamac
Data SourceTRREB
Listing byLSG REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Kitchen

3.78 x 3.77

Dining

3.17 x 3.13

Living

3.55 x 4.03

Office

2.53 x 3.39


Features

Lot size: 12,500 SqFt
Pool: Inground

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by LSG REALTY INC., Brokerage

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Market Data - Samac

Geo Zone Map ThumbnailSamac

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

13 days

Compared to

2024

33 days

2023

15 days

2022

4 days

New Listings

Past 30 days

18 listings

Compared to

2024

9 listings

2023

6 listings

2022

6 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

5 units

2022

4 units

Median Sold Price

Past 30 days

$860,000

Compared to

2024

$870,000

2023

$920,000

2022

$1,249,000


Population and Demographics

Overview

Total population 12298
Average household income $122,906

Age (%)

0 to 19
24%
20 to 34
23%
35 to 49
20%
50 to 64
19%
65 and plus
15%

Household composition (%)

Single family
69%
Single person
23%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
83%
Others
6%
Urdu
3%
French
2%
Tamil
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
72%
Renters
28%

Schools and amenities

Estimated Budget