130 Cabot Street

If you're on the lookout for a fantastic investment opportunity or a spacious multi-generational home, then look no further than this stunning Multi-Family Home for sale in Oshawa , located at 130 Cabot Street, Oshawa. This legal duplex is not just any property; it’s a fully registered two-unit dwelling that offers incredible flexibility to suit a variety of living arrangements. Whether you fancy living in one unit while renting out the other, or perhaps renting both for maximum income, this home has got you covered. With potential rental income ranging from £1,700 to £2,600 per unit, it’s an enticing prospect for any savvy investor.

Situated in the charming community of Vanier, this Multi-Family Home for sale in Oshawa is perfectly positioned for convenience. Just a short stroll away, you’ll find the bustling Oshawa Shopping Centre, ideal for all your retail therapy needs. Plus, with quick access to Highway 401 via Stevenson Road, commuting and travelling couldn’t be easier. The location truly enhances the appeal of this property, making it a prime choice for both families and investors alike.

The property itself is a bungalow-style multiplex, boasting a solid brick exterior that not only adds to its aesthetic charm but also ensures durability. With three spacious bedrooms and two additional rooms that could easily serve as a den or home office, there’s ample space for everyone. The layout is designed for comfort and practicality, featuring a total of eight rooms, including one main kitchen and an additional kitchen, perfect for those who enjoy cooking or entertaining.

Now, let’s talk about the bathrooms. With two bathrooms available, you won’t have to worry about morning queues, making it ideal for families or tenants. Although there’s no central vacuum system or air conditioning, the forced air heating will keep you warm during those chilly winter months. While you won’t find a fireplace or a pool here, the absence of these features allows for a more manageable upkeep, giving you more time to enjoy the things you love.

One of the standout features of this Multi-Family Home for sale in Oshawa is the separate entrance to the basement apartment. This adds an extra layer of privacy and independence for tenants or family members, making it an ideal living arrangement. The basement is thoughtfully designed, providing a comfortable space that is separate from the main living areas. With a private driveway that accommodates up to five vehicles, parking will never be a hassle for you or your guests.

The lot measures a generous 41 x 122 feet, offering plenty of outdoor space for activities or simply enjoying the fresh air. While there’s no additional land included, the existing space is more than sufficient for a variety of outdoor pursuits. The property is also connected to municipal water and sewer services, ensuring convenience and reliability.

In summary, this Multi-Family Home for sale in Oshawa at 130 Cabot Street, Oshawa, is a remarkable opportunity that combines flexibility, location, and potential financial gain. Whether you’re looking to invest or seeking a spacious family home, this property checks all the boxes. With its recent renovations and upgrades from about ten years ago, including a 200 amp service and an owned hot water tank, you can move in with peace of mind knowing that the heavy lifting has already been done. Don’t miss out on this amazing chance to own a piece of Oshawa real estate that truly has it all!

Vanier is a vibrant and diverse neighbourhood located in the city of Oshawa, Ontario, known for its welcoming atmosphere and convenient amenities. Nestled amidst lush green spaces and parks, it offers a mix of residential options, from charming single-family homes to modern apartment complexes. The area boasts a variety of local shops, schools, and recreational facilities, making it an ideal place for families and individuals alike. With easy access to public transport and major roadways, Vanier provides a perfect balance of suburban tranquillity and urban convenience, ensuring that residents can enjoy both a peaceful lifestyle and the bustling offerings of nearby Oshawa.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of needs for families. The closest school is St. Thomas Aquinas Catholic School, just 1.2 km away, offering a strong Catholic education for grades JK to 8, with a commendable school rating of 3.9. Additionally, Grove School, a public institution serving grades JK to 12, is located 1.9 km from the property, providing English-language instruction. For secondary education, R.S. McLaughlin CVI is 2.2 km away, offering French-language instruction for grades 9 to 12. Monsignor Paul Dwyer Catholic High School, also a secondary institution, is 2.7 km from the property, with a higher school rating of 6. Families seeking elementary education in French can consider David Bouchard Public School, situated 3.7 km away. Lastly, Father Leo J. Austin Catholic Secondary School, located 5.0 km away, offers education for grades 9 to 10 with a solid rating of 7.1. Overall, this area boasts a diverse range of schools, ensuring quality education options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 512 residents, with an average household size of 2.6 individuals. The community's demographic profile reveals an average age of 41.5 years and a notable average household income of $89,000. However, 16.8% of the population is classified as low-income. The housing market reflects an average property price of $550,000, indicating a relatively stable real estate environment. A significant portion of the population, 53.01%, is single, while 34.48% of households include children, suggesting a mix of family structures. The area also has a diverse demographic, with 19.27% of residents being immigrants. Renters comprise a substantial 52.5% of the housing market, and there are currently no condominiums available in the area. Educational attainment is fairly high, with 38.04% of residents holding a college or university degree. However, a considerable 41.3% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community presents a blend of demographics that may appeal to various buyers and renters looking for a vibrant and diverse neighborhood.