The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,969/mo
Mortgage (principal + interest)$1,683
Property taxFrom listing: $3,425/yr$285
Minimum $22,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$90,000
Ontario land transfer taxProvincial brackets, no first-time refund$5,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$98,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Oshawa has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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