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.
works out to roughly $1,000 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 54 Townline Rd S
Every detail from the listing, in one place.
Type
Land
Living space
1500-2000 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
54 Townline Rd S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13650900$1,500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 54 Townline Rd S Compares to the Oshawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,369
/mo
based on the purchase price of $1,500,000
$300,000 cash
$1,200,000 financed
$1,010,715 total interest
Principal54%$1,200,000
Interest46%$1,010,715
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 54 Townline Rd S
Homes for sale in Oshawa
Every active Oshawa MLS® listing, updated all day.
Average days on market28Homes sold in about 28 days on average.
Sale-to-list ratio99.5%On average, homes sold below asking.
Active listings792Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 16 – Jul 15, 2026: prices down.
Based on 707 sales from Jul 15 – Oct 13, 2026 (522 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 54 Townline Rd S
How much is 54 Townline Rd S listed for?
54 Townline Rd S is listed at $1,500,000 (MLS® E13650900). Summitly updates the price as soon as the MLS® record changes.
Is $1,500,000 a good price for 54 Townline Rd S?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Oshawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 54 Townline Rd S changed?
No — 54 Townline Rd S is still listed at its original asking price of $1,500,000.
How many bedrooms and bathrooms does 54 Townline Rd S have?
54 Townline Rd S has about 1,500–2,000 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Oshawa.
How much would the monthly mortgage be on 54 Townline Rd S?
About $7,369 a month — principal and interest on $1,500,000 with 20% down ($300,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 54 Townline Rd S compare with other homes in Oshawa?
Its asking price of $1,500,000 is about 125% above the median sold price in Oshawa over the last 90 days, $667,700, across 707 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 54 Townline Rd S been sold before?
Summitly has no earlier MLS® sale or lease of 54 Townline Rd S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 54 Townline Rd S?
54 Townline Rd S is in Oshawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 54 Townline Rd S been on the market?
67 days — 54 Townline Rd S was listed on August 7, 2026.
What is the price per square foot of 54 Townline Rd S?
About $750 to $1,000 per square foot: the asking price of $1,500,000 over the 1,500–2,000 sq ft the listing gives as its size range.
What is the lot size of 54 Townline Rd S?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 54 Townline Rd S?
About $26,475 in Ontario land transfer tax at the asking price of $1,500,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
