$1,500,000
Est. payment $6,642/moCalculate yours
54 Townline Road S, Oshawa, ON L1K 1B1
Donevan, Oshawa, ON L1K 1B1
- 1,500 Sq Ft
Listing courtesy of Century 21 Infinity Realty Inc. MLS® E13650900
About this home
Excellent Development Opportunity In Oshawa! Approximately 88 Ft Frontage On Townline Road South, 82 Ft On Merivale Street And 237 Ft Deep. Potential To Create Four Lots, Two Fronting Townline Road South And Two Fronting Merivale Street. Severances Not Yet Completed. City Has Assigned Two Municipal Addresses To The Future Merivale Lots, With Hydro, Water, Sewer And Gas Services To The Lot Line Already Paid For. Existing Home On Townline Offers Potential Rental Income During Development. Great Opportunity For A Small Developer Or Builder.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- Extension
- Size
- 1,500 sqft
Lot & Parking
- Lot Size
- 88.22 x 237 Feet
- Zoning
- R1-C, R1-E(28) " H 14"
Financial
- Property Taxes
- $5,717 (2026)
Location
- Neighbourhood
- Donevan
- Cross Street
- Townline & King
- Direction Faces
- East
Listing
- MLS® Number
- E13650900
- Days on Market
- 72
- Listed On
- 2026-08-07
- Possession
- TBA
- Listed By
- Century 21 Infinity Realty Inc.
Mortgage calculator
Estimated mortgage payment
$6,642 per month
- Principal and interest
- $6,642
- Property tax
- $476
- Condo fees
- $0
- Estimated monthly cost
- $7,118
Your mortgage
- Mortgage amount
- $1,200,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $792,503
Cash to close
- Down payment
- $300,000
- Land transfer tax
- $26,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $326,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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