546 Park Road S, Oshawa, ON L1J 4J5
$599,999
$599,999

546 Park Road S

Vanier, Oshawa, Durham $599,999

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6 Beds
3 Baths
1500-2000 sqft
Parking for 6
West Facing
MLS®#:
E13424856
Property Type:
Triplex
Property Style:
2-Storey
Area:
Durham
Community:
Vanier
Taxes:
$4,955 / 2025
Added:
June 10 2026
Lot Frontage:
80
Lot Depth:
115
Status:
Active
Outside:
Other
Year Built:
Basement:
Apartment,Separate Entrance
Brokerage:
EXP REALTY
Lot :

115

80

Intersection:
Simcoe St S, Bloor St W
Rooms:
Bedrooms:
6
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Baseboard
Heating Fuel:

Listing Details

Welcome to 546 Park Road South. Two whole lots (80' x 115' total - two 40' x 115' parcels) with a legal registered triplex straddling both, in a quiet residential pocket north of the 401. The City's original 1960s subdivision plan confirms two whole lots - no minor variance needed for severance. The existing triplex offers three self-contained 2-bedroom units, 3 baths, ~1,750 sq ft above grade, private yard per unit, four separate hydro meters (one per unit + shared coin laundry), a furnace just over 2 years old, and 6+ parking. Renovate and restore for strong rental income, OR demolish and build two side-by-side single-family dwellings with two accessory apartments - two distinct, high-income-generating triplexes on one parcel. R2 zoning with grandfathered triplex status preserves density for new builds. Vacant possession guaranteed.

3 x Refrigerator 3 x Stove, Window coverings, Coin Washer/Dryer

Insights

  1. Triplex Investment Opportunity: The property features a legal registered triplex with three self-contained 2-bedroom units, providing immediate rental income potential. This setup is ideal for investors looking to capitalize on the growing rental market in Oshawa.
  2. Development Potential: The property sits on two whole lots with R2 zoning, allowing for the possibility to build two side-by-side single-family dwellings with accessory apartments. This flexibility offers significant value for future development.
  3. Ample Parking: With a total of 6+ parking spaces available, this property meets the needs of multiple tenants or families, enhancing its attractiveness to potential renters or buyers.

Property Features

Park
Fenced Yard
Public Transit
River/Stream

Sale/Lease History of 546 Park Road S

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Neighborhood Overview

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Vanier home prices

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Insights for 546 Park Road S

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)