Exciting Development Proposal in Oshawa: 22-Storey Condo Tower

Description:

Approved Condo Development Site – 22 Storeys | 265 Units | Oshawa
OPA & ZBA Approved | High-Density Residential Development

Located at the corner of McMillan Drive and King Street in Oshawa, this approved development site presents an opportunity to bring a modern 22-storey residential tower to one of the city's evolving urban areas.

The project is designed to accommodate 265 residential units, approximately 197,000 sq. ft. of total GFA, dedicated indoor and outdoor amenity spaces, commercial space, parking, and storage facilities.

With OPA and ZBA approvals in place, the project provides a defined development framework for a high-density residential building with a contemporary design and a range of resident-focused amenities.

Property Overview
Development Status: OPA & ZBA Approved
Proposed Building: 22-storey residential tower
Residential Levels: 18
Total Units: 265
Residential GFA: ~181,000 sq. ft.
Total GFA: ~197,000 sq. ft.
Total Leaseable Area: ~183,000 sq. ft.
Commercial Space: ~2,000 sq. ft.
Total Amenity Space: ~12,700 sq. ft.
Indoor Amenity: ~4,200 sq. ft.
Outdoor Amenity: ~8,600 sq. ft.
Parking: 166 spaces
Storage Lockers: 95
Location: McMillan Drive & King Street, Oshawa
Residential Unit Mix

The approved development includes a diversified residential mix designed to accommodate a range of household types:

149 × 1-Bedroom+ Units — 56%
67 × 2-Bedroom+ Units — 25%
17 × 3-Bedroom+ Units — 6%
32 × Bachelor Units — 12%

Total: 265 Residential Units

Project Highlights
OPA & ZBA Approved development site
265 residential units within a 22-storey tower
Approximately 197,000 sq. ft. of total GFA
Approximately 181,000 sq. ft. of residential GFA
Approximately 12,700 sq. ft. of indoor and outdoor amenity space
Approximately 2,000 sq. ft. of commercial space
166 parking spaces
95 storage lockers
Modern high-rise residential design
Strategic location at McMillan Drive and King Street
Combination of bachelor, one-bedroom+, two-bedroom+, and three-bedroom+ residences
Dedicated indoor and outdoor amenity areas
Amenity & Lifestyle

The project incorporates approximately 12,700 sq. ft. of total amenity space, providing residents with both indoor and outdoor areas within the development.

The amenity allocation includes:

~4,200 sq. ft. Indoor Amenity Space
~8,600 sq. ft. Outdoor Amenity Space

The development also includes commercial space at the project level, adding a complementary component to the residential offering.

Strategic Development Opportunity

This approved Oshawa development site offers a clear framework for a 265-unit residential project with a substantial built form and a balanced mix of residential, commercial, parking, storage, and amenity components.

The combination of OPA and ZBA approvals, an established 22-storey development concept, and approximately 197,000 sq. ft. of total GFA provides developers and investors with a defined project opportunity rather than an early-stage concept.

Project at a Glance

265 Units | 22 Storeys | ~197,000 SF Total GFA | ~181,000 SF Residential GFA | ~183,000 SF Leaseable Area | ~12,700 SF Amenities | ~2,000 SF Commercial | 166 Parking Spaces | 95 Storage Lockers | OPA & ZBA Approved

Marketing Summary

265-Unit Residential Development | 22 Storeys | ~197,000 SF GFA | ~181,000 SF Residential Area | ~12,700 SF Amenities | 166 Parking Spaces | 95 Storage Lockers

An approved high-density development opportunity in Oshawa, featuring a 22-storey residential tower with 265 units, approximately 197,000 sq. ft. of total GFA, dedicated amenity areas, commercial space, parking, and storage.

Market Comparables
Nearby Projects:

The Landing Condos – $1,050/sq ft

Station No. 3 Condos – $1,050/sq ft

Harbour Ten10 – $1,000/sq ft

Rental Comps:

1 Bedroom: $2,150 ($3.80/sq ft/month)

1 Bedroom + Den: $2,280 ($4.00/sq ft/month)

2 Bedroom: $2,300 ($3.40/sq ft/month)

Comparable Developments Underway

Centra Site

144–155 First Avenue

Ready to secure your next landmark development?



This is your opportunity to shape the skyline of downtown Oshawa and get ahead of the curve. With strategic zoning, favorable pricing, and unmatched transit access, this site won’t last long.

Reach out today to schedule a private consultation or request the full investor package.