$999,999Asking Price
1478 Simcoe St N
Samac, Oshawa
Attention Investors, Developers, Builders, and Visionaries!Discover an exceptional development opportunity just 1.4 km from the University of Ontario Institute of Technology (UOIT). This spacious 4-bedroom detached home sits on a large 50x250 ft lot, offering tremendous potential for redevelopment with RENTAL INCOME IN PLACE! Located within the Medium Density II designation of the Samac Secondary Plan, this site offers the potential for 60 to 85 units per hectare, making it an ideal choice for multi-unit residential development.Dont miss this rare chance to expand your footprint and transform the future of this thriving community. Opportunities like this are few and far between!! Seize the moment! **EXTRAS** Fridge/Stove/Dishwasher/Washer-Dryer/A/C all Elfs
Attention Investors, Developers, Builders, and Visionaries!Discover an exceptional development opportunity just 1.4 km from the University of Ontario Institute of Technology (UOIT). This spacious 4-bedroom detached home sits on a large 50x250 ft lot, offering tremendous potential for redevelopment with RENTAL INCOME IN PLACE! Located within the Medium Density II designation of the Samac Secondary Plan, this site offers the potential for 60 to 85 units per hectare, making it an ideal choice for multi-unit residential development.Dont miss this rare chance to expand your footprint and transform the future of this thriving community. Opportunities like this are few and far between!! Seize the moment! **EXTRAS** Fridge/Stove/Dishwasher/Washer-Dryer/A/C all Elfs
See MoreKey Info
- 2-Storey Detached
- 5-Car Private Driveway
- No Garage
- Simcoe St N & Glovers Rd
- Finished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 50 x 250 Feet
- Stone/Vinyl Siding Exterior
- Taxes were $5,000 in 2024
- Possession: TBD
Details
- Fireplace
- Family Room
- Inground Pool
- Sewers
- Municipal Water
- MLS #E11943120
- LSG REALTY INC.
Extras
- Fridge/Stove/Dishwasher/Washer-Dryer/A/C all Elfs
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.40' x 12.37' | |
| 2 | Dining Room | Main | 10.40' x 10.27' | |
| 3 | Living Room | Main | 11.65' x 13.22' | |
| 4 | Office | Main | 8.30' x 11.12' | |
| 5 | Primary Bedroom | 2nd | 11.58' x 12.99' | |
| 6 | 2nd Bedroom | 2nd | 10.07' x 10.66' | |
| 7 | 3rd Bedroom | 2nd | 9.71' x 10.04' | |
| 8 | 4th Bedroom | 2nd | 9.35' x 9.35' | |
| 9 | Great Room | Basement | 19.78' x 12.30' | |
| 10 | Bedroom | Basement | 11.78' x 10.63' | |
 | 3 3-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Samac, Oshawa is an east GTA neighbourhood notable for its university grads, business and education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 35 to 49.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
46%
of residents are
single and loving it.
46% singles
Oshawa (47%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
19%
of residents
are renters.
19% renters
Oshawa (32%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
24%
of residents are
university grads.
24% university grads
Oshawa (19%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$110K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 17% |
| Trades | 10% |
| Business | 10% |
| Government | 9% |
| Management | 6% |
Immigrants
24%
of residents were
born outside of Canada.
24% immigrants
Oshawa (18%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.7% from Caribbean
All-time
Birthplace - Recent
0.8% from India
Recent
Foreign Languages
Foreign Languages
| Urdu | 2% |
| French | 2% |
| Tamil | 2% |
| Arabic | 1% |
| Polish | 1% |
Religions
Religions
| Christian | 68% |
| Muslim | 4% |
| Hindu | 3% |
