421 Bloor Street, Oshawa, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Farewell. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,850,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 164.86 x 806.63 ft lot size
Description
Attention all developers, builders and Investors! Amazing opportunity to purchase this development property zoned R2 R3-A, R4-A and R6-B to accommodate either 2 five storey apartment buildings or 2 five storey condominium buildings. Situated adjacent to the 401corridor in Oshawa and close to all amenities. The plans have been completed and approved and will available to serious buyers only upon request as noted: Archaeological Assessment Stage 1 and 2; Environmental Site Assessment Report, Stage 1 and 2; Regional Municipality of Durham Servicing Agreement approved; Minor Variance Application approved; Architectural drawings available; CN (Canadian National Railway) Agreement registered; CN Transfer Easement Agreement registered; Road widening Agreements with the Regional Municipality of Durham registered; Topography Assessment completed; Environmental Noises Assessment completed; proposed floor plans available. "Site Plan approved" Architectural blacklines only, no working drawings available. Buyer to reimburse the Seller for all securities paid by the Seller, if applicable, which shall be adjusted for on the closing. With all the agreements in place and finalized this is a great opportunity commence the construction process. Don't miss this opportunity!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 421 Bloor Street, Oshawa, ON L1H 3M9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $5,850,000 in Oshawa, the legal minimum down payment is $1,170,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $132,725 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $132,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.