54 Townline Road S
54 Townline Road S
$1,500,000
39 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $6,535 |
| Property Tax (MLS) | $476 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $7,012 |
Down payment: $300,000 (20.0%) · Mortgage: $1,200,000
Property tax uses MLS annual tax of $5,717/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Century 21 Infinity Realty Inc.
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Data last updated: August 23, 2026 at 06:26 a.m.