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.