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164 Albert Street Oshawa, Ontario L1H 4R2

3 Bedroom 3 Bathroom 1100 - 1500 sqft
None Forced Air

$625,000

Prime redevelopment opportunity in a strategic Central Oshawa location. The subject property is currently improved with a registered legal two-unit dwelling, complete with separate hydro services and dual gas meters, providing holding income during planning and entitlement phases. The existing configuration includes a 3-bedroom main unit and a bachelor-style secondary apartment. The City of Oshawa has confirmed the property is presently zoned R2/R3-A/R5-C/R6-B/R7-A(Residential), permitting a wide spectrum of residential intensification, ranging from single detached dwellings to apartment buildings. Under the existing Residential zoning, there may be potential for land severance and redevelopment into multiple single detached dwellings, subject to municipal approvals and possible minor variances for frontage and/or lot area. Further enhancing the long-term upside, City Council has approved City-initiated amendments tore zone the property to CO-C (Central Oshawa). The proposed CO-C zoning supports a higher-order, mixed-use development framework, allowing for apartment buildings, rental flats, professional offices (excluding clinics), personal service establishments, restaurants, retail uses, daycare centres, schools, and other complementary uses. These amendments are currently under Provincial review, and timelines for final approval remain unknown. As currently structured, any redevelopment proposal must align with both the existing Residential zoning permissions and the approved Central Oshawa zoning framework. While traditional severance may be achievable under the current zoning, the future CO-C designation signals a shift toward more comprehensive redevelopment and urban intensification rather than simple lot splits. Purchasers are advised to conduct independent planning, zoning, and development due diligence with the City of Oshawa and relevant authorities (id:61852)

Property Details

MLS® Number E12680478
Property Type Single Family
Neigbourhood Central
Community Name Central
EquipmentType Water Heater
Features Flat Site
ParkingSpaceTotal 3
RentalEquipmentType Water Heater
Structure Porch

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsTotal 3
Age 100+ Years
Appliances Furniture
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Brick
FlooringType Carpeted, Vinyl
FoundationType Stone
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 100 Ft
SizeFrontage 59 Ft ,1 In
SizeIrregular 59.1 X 100 Ft
SizeTotalText 59.1 X 100 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3.6 m x 3 m
Second Level Bedroom 2 3.48 m x 2.7 m
Second Level Bedroom 3 2.69 m x 3 m
Main Level Living Room 3.92 m x 3.92 m
Main Level Kitchen 3.85 m x 3.11 m
Ground Level Living Room 3.88 m x 3.78 m
Ground Level Kitchen 3.88 m x 3.75 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29249291/164-albert-street-oshawa-central-central

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Jimmy Rochford
Salesperson


RE/MAX West Realty Inc.
31 Baldwin St #1
Whitby, Ontario L1M 0A7

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