54 Townline Road S

Donevan, Oshawa · MLS® E13650900

Land · Vacant Land · 78 days on market

listed by Bruce Baird, Century 21 Infinity Realty Inc.

realtor's description

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

type: Land, Vacant Land
parking: 0
property tax: $5,717 / yr
days on market: 78
MLS®: E13650900

monthly cost

$7,012/mo

Mortgage $6,535 · Tax $476

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,535/ monthly

loan $1,200,000

25-year amortization

down payment20% · $300,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,607
cash to close: $300,000; down payment; transfer tax and fees not included
total paid: $1,960,607

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.