Description

POWER OF SALE. Colliers is pleased to present the opportunity to acquire a 100% freehold interest in 80 Harbour Road, Oshawa, Ontario (the "Property" or "Site"). The Property is a residentially zoned high-rise development site offering exceptional flexibility across multiple built forms. The 4.94-acre Site is approved for two residential towers of 30 and 35 storeys, totaling 1,177,676 square feet of gross floor area. Official Plan Amendment and Zoning By-law Amendment approvals were secured on June 20, 2022. The nearly five-acre parcel provides developers with the ability to pursue the approved high-rise vision or reimagine the Site through alternative low-rise and mid-rise configurations. The existing residential zoning supports a range of end uses, including seniors' housing, purpose-built rental, or condominium development.Strategically located immediately north of the Oshawa Harbour, the Property is surrounded by established low-rise residential neighbourhoods, neighbourhood-serving retail, parks, and recreational trails. The Site benefits from excellent accessibility, situated approximately three (3) minutes from the Oshawa Senior Community Centre and nine (9) minutes from the Oshawa GO Station, offering convenient regional connectivity to downtown Toronto.

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