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- LoopNet Team
71 Bruce St
Oshawa, ON L1H 4R3
Land For Sale
·
2.23 AC
INVESTMENT HIGHLIGHTS
- Significant Holding Income from Surface Paking Lot. Public Transit Nearby - 500 metres to announced location of new GO Station
PROPERTY FACTS
DESCRIPTION
The Region of Durham Official Plan (ROP) designates the subject property as part of an Urban Growth Centre within Downtown Oshawa. This provides for a variety of uses including commercial and residential, predominantly high density, high-rise development. Pre-application, conceptual planning has occurred, resulting in the following: • 495 residential units • Buildable area of approx. 415,000 GSF • 2 x 19 storey tower The Oshawa Planning Department confirms “the conceptual planning appears consistent with the Growth Plan and appears to conform with the ROP” - the concept development achieves a floor space index of approx. 4.3
