Listed by Tesa Real Estate Inc..

55 Park Road S is a Detached, 1 1/2 Storey and is currently for Sale @ $1. Taxes in 2024 were $4,138.00.

More homes for sale under 0 in Oshawa

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. The 1 1/2 Storey on 55 Park Road S has 4 bedrooms, 2 bathrooms, and is located on a 210 x 57 ft lot in the community of Vanier . 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. Contact Listing Agent for Offering Memorandum and/or more details.

The address 55 Park Road S was listed for sale (MLS# E12093184) on Monday, April 21, 2025.