283 Albert Street S

Introducing a remarkable opportunity for builders and investors alike, this house for sale in Durham , located at 283 Albert Street S, Durham, presents itself as a canvas for redevelopment or a complete rebuild. The property, primarily valued for its land, is steeped in potential, offering a unique chance to reimagine its future. The existing structure, a detached house built in 1896, requires extensive repairs and updates, and it is important to note that it may not be habitable in its current condition. This house for sale in Durham is being offered "as is, where is", with no representations or warranties, making it an ideal project for those with a vision.

Set in the charming area of West Grey, the property boasts a generous lot size of 48 X 165 square feet, providing ample space for creative possibilities. The house itself features two bedrooms and two bathrooms, catering to the needs of a small family or those looking to create a cosy retreat. Although the house lacks a den and family room, the eight total rooms include a main kitchen that can be transformed into a culinary haven. The absence of an additional kitchen allows for a singular focus on the main space, perfect for those who appreciate simplicity and functionality.

One of the notable features of this house for sale in Durham is its central air conditioning, ensuring comfort during the warmer months. While the property does not include a pool, it compensates with a fireplace, adding a touch of warmth and charm to the living space. The property is equipped with internet access, making it suitable for modern living, and the heating is provided by a forced air natural gas system, ensuring efficiency during the colder months.

Parking is made easy with a detached garage space accommodating one vehicle, alongside an outside/surface/open driveway that can hold up to two cars. This feature is particularly advantageous in a community where parking can often be a challenge. The municipal water supply ensures that residents have access to essential services, while the absence of a central vacuum system and sewer connection indicates that the property may require additional considerations for those looking to renovate or rebuild.

The partial, unfinished basement offers further potential for expansion or storage, allowing for creativity in how the space can be utilised. Although the house is currently unfurnished, this presents an opportunity for new owners to design and furnish the space to their personal taste, truly making it their own.

This house for sale in Durham, located at 283 Albert Street S, Durham, is not just a property; it is a prospect for transformation. The surrounding community of West Grey adds to the appeal, with its picturesque landscapes and friendly atmosphere. Investors and builders will find that this location is ripe for development, whether that means restoring the existing structure or starting anew.

In summary, this house for sale in Durham is a unique opportunity that should not be overlooked. With its prime location at 283 Albert Street S, Durham, and its extensive potential for redevelopment, this property is calling out for those with a vision. Whether you are looking to invest in a promising project or seeking a new home to create, this property offers a wealth of possibilities waiting to be unlocked. Embrace the challenge and seize the opportunity to transform this house into something truly special.

West Grey is a charming residential area located within the city of Durham, offering a delightful blend of suburban tranquillity and convenient access to urban amenities. Nestled amidst picturesque landscapes, this neighbourhood features a mix of traditional and modern homes, making it an appealing choice for families and professionals alike. With its proximity to Durham's historic city centre, residents can easily enjoy the rich cultural heritage, vibrant dining options, and excellent educational institutions that the city has to offer. Additionally, West Grey boasts well-maintained parks and green spaces, providing ample opportunities for outdoor activities and community engagement, all while maintaining a peaceful atmosphere that makes it a lovely place to call home.

Schools in the Neighbourhood

The property is conveniently located near St. Peter & St. Paul’s School, a Catholic educational institution under the Bruce-Grey Catholic District School Board. Situated just 1.6 kilometers away, this school caters to students from Junior Kindergarten to Grade 8, providing a comprehensive early education in English. Although the school rating is currently listed as 0, it is essential to consider various factors such as community feedback and individual experiences when evaluating educational options. The proximity of St. Peter & St. Paul’s School makes it an attractive choice for families seeking a supportive learning environment for their children. With its focus on Catholic values and a curriculum designed for young learners, this school aims to foster both academic and personal growth. The surrounding neighborhood is likely to be family-friendly, enhancing the overall appeal of the property for potential buyers with children. Overall, the availability of this educational facility nearby adds significant value to the property, making it a desirable location for families looking to invest in a home that supports their children’s educational journey.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 459 residents, with an average household size of 2.3 individuals. The community has a median age of 46.1 years, indicating a mature demographic. The average household income is $79,000, with 12% of the population classified as low-income. The average property price in the area is $376,000, reflecting the local real estate market. Approximately 42.86% of residents are single, while 35.71% live in households with children, showcasing a mix of family structures. The community is also home to a small percentage of immigrants, making up 10.42% of the population. Renters constitute 19.51%, and notably, there are no condominiums available in the area. Education levels are relatively high, with 41.67% of residents holding a college or university degree. However, a significant portion of the population, 44.05%, is not actively participating in the labor force. Overall, this demographic profile indicates a stable, educated community with a blend of family-oriented and single residents, along with a diverse economic landscape.