127 Elgin Street E

If you’re on the lookout for a fantastic investment opportunity, then this house for sale in Oshawa might just be the gem you’ve been waiting for. Located at 127 Elgin Street E, Oshawa, this property is brimming with potential and is situated in the vibrant O'Neill community. The house is a two-storey detached building, showcasing a charming combination of brick and vinyl siding on its exterior.

Now, let’s dive into what this house has to offer. The property features a total of seven rooms, including one bedroom and one kitchen. While it may not have a den or a family room, the layout provides ample space for creativity and personalisation. The unfinished basement offers a blank canvas for those looking to expand or enhance the living space. Whether you envision a cosy retreat or a functional area for storage, the possibilities are endless in this house for sale in Oshawa.

One of the standout features of this property is its open-concept main floor, which has been fully gutted and framed, ready for you to put your own stamp on it. The house is framed as two above-ground units, with the potential for a two-bedroom, one-bathroom main unit and a one-bedroom, one-bathroom upper unit. This layout is perfect for those looking to create a multi-generational living space or to generate rental income.

Major upgrades have already been completed, including a new roof, modern vinyl siding, and updated windows. The basement has also been underpinned and waterproofed, ensuring a solid foundation for your future plans. While the house does not come with air conditioning, a pool, or a fireplace, the absence of these features allows you to customise the property to your liking.

When it comes to utilities, you’ll find that the house is connected to municipal water and sewer, making life a bit easier. The heating type is listed as ‘other’, which means there’s room for you to decide what works best for your lifestyle. Additionally, the property is unfurnished, giving you the freedom to design the interior according to your taste.

Parking won’t be an issue here, as there is a designated parking space available on the street, making it convenient for you and your guests. The lot measures a generous 33 x 132 feet, providing ample outdoor space for gardening, entertaining, or simply enjoying the fresh air.

Located just steps away from shops, dining, and transit, this house for sale in Oshawa is perfectly positioned for those who love to be in the heart of the action. The community of O'Neill is known for its friendly atmosphere and accessibility, making it an ideal place to call home.

As you consider this property, keep in mind that it is being sold as-is, which means you’ll have the opportunity to take it from a blank slate to your dream home. Whether you’re a seasoned investor or a first-time buyer looking to dive into a renovation project, this house for sale in Oshawa is a unique opportunity that shouldn’t be missed.

So, if you’re ready to roll up your sleeves and create something special, don’t hesitate to check out 127 Elgin Street E, Oshawa. With its prime location and endless possibilities, this house is just waiting for the right person to bring it back to life. Take the plunge and make this house your own!

O'Neill is a vibrant and welcoming neighbourhood located in the city of Oshawa, Ontario, characterised by its blend of residential charm and convenient amenities. Nestled in a picturesque setting, O'Neill boasts a mix of well-established homes and modern developments, making it an appealing choice for families and professionals alike. The area is well-served by local parks, schools, and shopping facilities, ensuring that residents have easy access to essential services and recreational opportunities. With its friendly atmosphere and strong sense of community, O'Neill offers a delightful environment for those looking to settle in a dynamic part of Oshawa.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is Mary Street Community School, a public elementary school offering grades JK to 8, situated just 0.2 km away. O'Neill Collegiate and Vocational Institute, a secondary school for grades 9 to 12, is only 0.5 km from the property. Additionally, Walter E. Harris Public School, another elementary school that teaches in French, is located 1.3 km away. For secondary education, R.S. McLaughlin CVI is 2.4 km from the home. Families seeking a Catholic education will find Sir Albert Love Catholic School (1.5 km away) and Monsignor Paul Dwyer Catholic High School (2.8 km away), both of which offer strong academic programs. Sir Albert Love boasts a commendable school rating of 6.4, while Monsignor Paul Dwyer follows closely with a rating of 6. St. Thomas Aquinas Catholic School, also nearby, offers French-language instruction for grades 1 to 8 and has a rating of 3.9. With a variety of public and Catholic options, this area provides a supportive educational environment for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 506 residents, with an average household size of 2.4 individuals. The demographic profile reveals an average age of 38 years and an average household income of $76,000. Notably, 19.6% of the population falls within the low-income bracket. The real estate market shows an average property price of $540,000, reflecting the local economic conditions. A significant portion of the population, 55.81%, is single, while 36% of households include children, indicating a mix of family structures. The area is home to 18.1% immigrants, contributing to its diverse community. Renters make up a substantial 54.55% of the housing market, with no condominiums present. Educational attainment is relatively high, with 34.44% of residents holding a college or university degree. However, 40% of the population is not actively participating in the labor force, which may reflect various socio-economic factors. Overall, this demographic snapshot highlights a vibrant community with a blend of young professionals, families, and a diverse cultural background, making it an intriguing location for potential homebuyers and investors.