421 Bloor Street, Oshawa

$5,850,000
421 Bloor Street

$5,850,000

New
44d
Vacant Land

421 Bloor Street, Oshawa

Total Monthly Obligation $24,398

Beds
0
Baths
0
Park
0
DOM
44d
Score
12
Yield
0.4%
Cash on Cash
-20.2%
Cap Rate
0.2%
5Y IRR
0.1%
10Y IRR
2.8%
Property Type-Vacant Land
MLS® Number-E13765370
Beds-0
Lot Size-164.86 × 806.63 ft
Listed on site-Sep 9, 2026
Building Type-Vacant Land
Taxes-$5,106.99 (2025)
Brokerage-RE/MAX Rouge River Realty Ltd.
Laundry-No
Fireplace-No
Pool-None
Facing-East
Possession-TBA
Neighbourhood-Farewell
Title-Residential Freehold

No agent assigned

Attention all developers, builders and Investors! Amazing opportunity to purchase this development property zoned R2 R3-A, R4-A and R6-B to accommodate either 2 five storey apartment buildings or 2 five storey condominium buildings. Situated adjacent to the 401corridor in Oshawa and close to all amenities. The plans have been completed and approved and will available to serious buyers only upon request as noted: Archaeological Assessment Stage 1 and 2; Environmental Site Assessment Report, Stage 1 and 2; Regional Municipality of Durham Servicing Agreement approved; Minor Variance Application approved; Architectural drawings available; CN (Canadian National Railway) Agreement registered; CN Transfer Easement Agreement registered; Road widening Agreements with the Regional Municipality of Durham registered; Topography Assessment completed; Environmental Noises Assessment completed; proposed floor plans available. "Site Plan approved" Architectural blacklines only, no working drawings available. Buyer to reimburse the Seller for all securities paid by the Seller, if applicable, which shall be adjusted for on the closing. With all the agreements in place and finalized this is a great opportunity commence the construction process. Don't miss this opportunity!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$4,680,000
Land Transfer Taxes$132,725
Legal Fees (Est.)
$
Total cash required for closing$1,304,225

Total Monthly Obligation

$24,398/mo
Mortgage $23,597
Monthly Loss $18,188
Principal$6,210
Interest$17,388
Property Tax$426
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.2%5
Cash-on-Cash
-21.7%0
5-Year IRR
-1.4%2
10-Year IRR
1.9%
Returns Index
1.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
12/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$21,600/yr
NOI
$9,833/yr
Net Cash Flow
-$22,778/mo
Cash Margin
-1265.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.031
LTV Ratio
80.0%18
Vacancy Buffer
0.4 mo11
Risk Index
10.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 421 Bloor Street

Time

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Data last updated within the past 24 hours.