Oshawa L1H 7R4
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C23,000,000
($16,765,900)
(€14,526,700)
Annual Taxes:C39,553.50
505 Park Ave, New York, NY 10022

POWER OF SALE. Colliers Macaulay Nicolls Inc.

Description

POWER OF SALE. Colliers Macaulay Nicolls Inc., Brokerage (the "Advisor") is pleased to present the opportunity to acquire a 100% freehold interest in 80 Harbour Road, Oshawa, Ontario (the "Property" or "Site"). The property is a residentially zoned high-rise development site offering exceptional flexibility across multiple built forms. The 4.94-acre site is approved for two residential towers of 30 and 35 storeys, totaling 1,177,676 square feet of gross floor area. Official Plan Amendment and Zoning By-Law Amendment approvals were secured on June 20, 2022. The nearly five-acre parcel provides developers with the ability to pursue the approved high-rise vision or reimagine the site through alternative low-rise and mid-rise configurations. The existing residential zoning supports a range of end uses, including seniors' housing, purpose-built rental, or condominium development. Strategically located immediately north of the Oshawa Harbour, the property is surrounded by established low-rise residential neighbourhoods, neighbourhood-serving retail, parks, and recreational trails. The site benefits from excellent accessibility, situated approximately three (3) minutes from the Oshawa Senior Community Centre and nine (9) minutes from the Oshawa GO Station, offering convenient regional connectivity to Downtown Toronto.

Amenities

  • Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.