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1399 & 1419 Simcoe Street 2 Land Properties Offered at $4,858,080 in Oshawa, ON
Investment Highlights
- Located within a rapidly growing suburban corridor near Ontario Tech University and Durham College.
- Situated in Durham Region, one of Canada’s fastest-growing areas, with projected population increase to 1.3 million by 2051.
- Excellent access to amenities including Costco, FreshCo, restaurants, and personal services.
- Convenient connectivity to Highway 407 and public transit routes along Simcoe Street North.
Executive Summary
This approved multi-family development site offers a unique opportunity to invest in one of the fastest-growing regions in Ontario. Located along Simcoe Street North in Oshawa, the property spans 2.64 acres and is approved for two six-storey residential buildings totaling 140 units. The proposed development will feature a mix of one-, two-, and three-bedroom suites designed to meet the growing demand for quality housing in a thriving suburban environment.
Positioned near major amenities, the site benefits from walkable access to commercial services, retail outlets, and restaurants, as well as excellent connectivity to Ontario Tech University and Durham College. Immediate proximity to Highway 407 enhances regional access, making this location attractive for both current investors and long-term growth strategies. Durham Region’s forecasted population growth reinforces the strength of this offering, providing significant upside potential in a market with limited new supply.
Positioned near major amenities, the site benefits from walkable access to commercial services, retail outlets, and restaurants, as well as excellent connectivity to Ontario Tech University and Durham College. Immediate proximity to Highway 407 enhances regional access, making this location attractive for both current investors and long-term growth strategies. Durham Region’s forecasted population growth reinforces the strength of this offering, providing significant upside potential in a market with limited new supply.
Property Facts
| Price | $4,858,080 USD | Number of Properties | 2 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 2.64 AC |
| Price | $4,858,080 USD |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 2.64 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 1399 Simcoe St N, Oshawa, ON L1G 4X5 | Land | 1.41 AC | - |
| 1419 Simcoe St N, Oshawa, ON L1G 4X5 | Land | 1.23 AC | - |
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1399 & 1419 Simcoe Street
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