2 ELGIN Street W

If you’re on the lookout for a fantastic investment opportunity, look no further than this splendid house for sale in Norwich , located at 2 Elgin Street W, Norwich. This detached house boasts a charming 1½ storey design and is perfect for those who appreciate country living with the convenience of city amenities right at their doorstep. With a generous lot size of 48 X 93 feet, this property offers ample space and potential for a variety of uses.

As you approach the property, you’ll notice its attractive aluminium siding, which gives it a modern yet welcoming appearance. The location is simply ideal, nestled in a mature neighbourhood that provides easy access to shopping, schools, and other essential amenities. If you’re keen on commuting, you’ll be pleased to know that the property is conveniently situated with quick access to the 401 and 403 highways, making it perfect for those who need to travel for work or leisure.

This house for sale in Norwich features a remarkable six bedrooms, offering plenty of room for a large family or the potential for rental income. With three kitchens available, you can easily accommodate multiple tenants or simply enjoy the luxury of having ample cooking space for family gatherings. The layout is functional and designed to maximise living space, making it an excellent choice for savvy investors looking to build their real estate portfolio.

The property includes three bathrooms, which is a significant advantage for a house of this size. With no den or family room, the focus is on the spacious bedrooms and kitchens, ensuring that every square foot is utilised efficiently. The unfinished full basement presents an exciting opportunity for those who wish to customise the space to their liking, whether it be for additional living quarters or a recreational area.

In terms of amenities, this house for sale in Norwich is equipped with central air conditioning, ensuring comfort during the warmer months. Although there’s no fireplace or central vacuum system, the property does come with municipal water and sewer services, which adds to the convenience of living in this lovely home. The driveway is private, providing parking for up to three vehicles, and there’s a detached garage space for added storage or vehicle protection.

While the house is currently unfurnished, this gives you the perfect opportunity to personalise the space according to your taste and style. Whether you’re looking to move in with your family or rent out the units for additional income, the potential here is immense. The lack of a pool means less maintenance, allowing you to focus on enjoying the property and the surrounding community.

In summary, this house for sale in Norwich at 2 Elgin Street W, Norwich, is a prime opportunity for anyone looking to enter the housing market or expand their investment portfolio. With its spacious layout, excellent location, and multiple bedrooms and kitchens, it’s an ideal choice for both families and investors alike. Don’t miss out on this chance to own a property that offers both country charm and city convenience. The potential for income generation is significant, making it a smart investment in a desirable area.

If you’re interested in this remarkable house for sale in Norwich, be sure to arrange a viewing soon. Properties like this don’t stay on the market for long, and with its excellent value and prime location, you’ll want to act quickly to secure your future in this delightful home at 2 Elgin Street W, Norwich.

Schools in the Neighbourhood

The property is conveniently located near Emily Stowe Public School, an esteemed elementary institution that caters to students from Junior Kindergarten through Grade 8. Situated just 1.0 km away at 1 Jerdon St, Norwich, this public school operates under the Thames Valley District School Board and offers an English language curriculum. With a solid school rating of 4, Emily Stowe Public School is recognized for its commitment to academic excellence and student development. Families considering this property will appreciate the proximity to a quality educational facility, making it an ideal choice for those with young children. The supportive learning environment and community involvement fostered at Emily Stowe contribute to a well-rounded educational experience, ensuring that students receive both academic and social skills essential for their growth. This convenient access to a reputable school enhances the appeal of the property, making it a prime location for families seeking a nurturing and engaging educational setting for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 650 residents, with an average household size of 2.6 individuals. The demographic profile indicates a relatively mature community, with an average age of 40.8 years. The average household income stands at $86,000, reflecting a stable economic environment, though 8.8% of the population is classified as low-income. The average property price in the area is $520,000, indicating a moderately priced real estate market. Approximately 36.79% of residents are single, while 38.46% live in households with children, suggesting a family-friendly atmosphere. The area is home to a small immigrant population of 5.04%, and 20% of the residents are renters, with no condos available. Educational attainment is notable, with 36.89% of residents holding a college or university degree. However, a significant portion of the population, 39.81%, is not in the labor force, which may impact local economic dynamics. Overall, this community presents a blend of stability and diversity, making it an appealing location for potential homeowners and families.