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Baljinder Hundal

Sales Representative
CENTURY 21 Heritage House Ltd. Brokerage, Brokerage Independently owned and operated. 4169 King Street East, Kitchener, Ontario N2P 2E8 Cell: 226-600-0010Office: 519-570-4663Fax: 519-570-9151

$895,000
Available - For Sale
Listing ID: E12038113
98 Olive Aven , Oshawa, L1H 2N9, Durham


PROJECT ALERT!!! Shovel Ready Townhouse Site. Infill Lot Approved for Five Townhouses, Four fronting on Court Street with Front Parking and End Unit with Two-Car Parking off of Olive Avenue. In September 2023 the property was granted several minor variances under City file # A-2023-89 The notice of Decision is attached to listing. Architect Plans attached are not permit approved, but sample of what could be built. This provides permissions for all the deficiencies noted on the site plan drawing. The next steps in the process is as follows: Complete the permit drawings, apply for building permits, and go to construction. Once the foundations are complete, the applicant will need to complete the part lot control process. This will then divide the property into 5 individual saleable townhouses. Shovel Ready sites are hard to find. Townhouses could also be kept as rentals. Site is across the road from Cowan Park and backs onto Michael Starr Trail. Site will be less then 1000 feet down the trail to the Newly Proposed Metrolinx GO Station and a short walk to Downtown. Great opportunity, site has been cleared of previous home and ready to go. Zoning allows for Towns, Apartment, Duplex, Triplex, etc. Get in on the Ground Floor in this Area as it is set to boom with Official Plans moving towards allowing major density around the proposed Metrolinx Transit Hub.
Price $895,000
Taxes: $4653.16
Occupancy by: Vacant
Address: 98 Olive Aven , Oshawa, L1H 2N9, Durham
Acreage: .50-1.99
Directions/Cross Streets: Olive & Simcoe
Bedrooms: 0
Bedrooms +: 0
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Vacant Land
Drive Parking Spaces: 0
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: A
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX JAZZ INC.
Personal Picture
Baljinder Hundal
Sales Representative
Dir:
226-600-0010
Bus:
519-570-4663
Fax:
519-570-9151
 
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At a Glance:
Type: Freehold - Vacant Land
Area: Durham
Municipality: Oshawa
Neighbourhood: Central
Style:
Lot Size: x 110.10(Feet)
Approximate Age:
Tax: $4,653.16
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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