Attention investors, developers, builders, and visionaries! Exceptional development opportunity just 1.4 km from University of Ontario Tech (UOIT). This rare 2.28-acre parcel of land in North Oshawa comes with an income-generating bungalow at its heart. This property can be sold with neighboring 1478 Simcoe St North, a detached 4 bedroom home boasting a huge 50x250 lot, expanding your footprint and enjoying a combined frontage of over 147' on prized Simcoe St North. Positioned within the Medium Density II designation of the Samac Secondary Plan, this property offers the potential for 60-85 units per hectare*, making it a prime location for multi-unit residential development. Don't miss out on this incredible opportunity to shape the future of this thriving community!