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Listed 2 months ago

1151 Conlin Road E

Taunton, Oshawa

$2,550,000

Detached|1 1/2 Storey
3 | 1 | 6
About this home

Excellent opportunity to purchase one of the last few infill development sites in North Oshawa. Proximity to UoIT, Durham college and Hwy 407 and numerous other amenities. Approximately 1 acre with bungalow near the intersection of Harmony and Conlin Rd. Potential to develop into either stacked townhomes or retail plaza. Pre-consultation correspondence with the city and draft proposals to develop 36 stacked townhome units are available upon request. Situated immediately adjacent to proposed central neighborhood shopping area. and potentially may also be used as neighborhood commercial plaza site.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$10,240
Lot Size213.43 ft x 213.43 ft
mls© NumberE13209358
Listed ByINTERNATIONAL REALTY FIRM, INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,052
Property tax
$853
Heat allowance
$150
Housing costs
$14,055 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $510,000
25-yr amortization

Income needed

$432,000

gross annual household income

Payment at 4%
$10,731 / mo
Cash down
$510,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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