Located in the thriving city of Oshawa, this recently renovated home is now available for sale in an excellent location. Situated on a 50 x 314 ft parcel of land, this property presents a fantastic development opportunity with its R4-A/R6-B ""H-76 zoning. This zoning allows for a variety of potential uses, including townhomes, apartment buildings, a long-term care facility, nursing home, or a retirement home. Additionally, the property has been designated under the Samac Second, making it an even more attractive investment.
Conveniently located close to Durham College, Ontario Tech Parks, shops, and public transit, this property offers easy access to a range of amenities. The interior features a spacious living room with a good-sized window, a family kitchen, a breakfast area with a walkout to the deck, and four generously sized bedrooms. The basement includes a separate entrance and is currently rented for $2800 per month, adding to the property's potential as an income-generating asset.
With a land size of 50 FT, this property boasts a prime location in the Samac community. Its proximity to essential amenities such as hospitals, parks, public transit, and schools makes it an ideal choice for families and individuals alike. The address, 1496 SIMCOE ST N, is conveniently situated in Oshawa, Ontario, with a postal code of L1G4X7.
The property itself features a total of 2 bathrooms and 4 bedrooms above ground, with a total of 4 bedrooms overall. Its architectural style is a bungalow, with a separate entrance to the basement and a detached construction style with aluminum siding. The heating is powered by electric forced air, and the property consists of 1.00 stories, making it a comfortable and practical house for potential buyers.
Overall, this property presents an exciting opportunity for buyers looking for a well-located, versatile, and income-generating investment in the vibrant city of Oshawa.