506 Farewell Street

Presenting an exceptional opportunity for renovators and investors alike, this house for sale in Oshawa is situated at 506 Farewell Street, Oshawa. This detached backsplitted residence, nestled in the mature neighbourhood of Donevan, is ripe for transformation. With its brick and vinyl siding exterior, the property boasts a solid foundation and a charming aesthetic that can be enhanced with some cosmetic work.

The house for sale in Oshawa features three well-proportioned bedrooms, making it an ideal choice for families or those seeking additional space. While there is no den, the layout allows for versatile use of the available rooms, which total six in number. Notably, this home includes two bathrooms, ensuring convenience for residents and guests alike. The single kitchen is functional, providing the essential space for culinary endeavours, although there is no additional kitchen to accommodate larger gatherings or dual living arrangements.

At 506 Farewell Street, Oshawa, you will find a property that offers considerable potential for a duplex conversion or a straightforward flip. This makes it particularly appealing to those looking to invest in the thriving Durham area. The house is unfurnished, allowing new owners to infuse their personal style and preferences into the space.

The absence of a family room may seem like a drawback, but the open layout of the main living areas allows for creative solutions, such as the possibility of reconfiguring spaces to create a welcoming family environment. Furthermore, the property features central air conditioning, ensuring comfort during the warmer months.

Parking is a significant advantage of this house for sale in Oshawa, with a carport that accommodates one vehicle and ample parking space for up to six cars. This is particularly beneficial for families or those who frequently host guests. However, it is worth noting that there is no driveway, which may require some consideration for future owners.

The property is set on a generous lot measuring 60 x 102 feet, providing a substantial outdoor area that can be tailored to suit your preferences, whether that be a garden, patio, or simply an open space for children to play. Unfortunately, there is no pool or fireplace, which may influence your decision depending on your lifestyle and preferences.

While the basement remains unfinished, it presents an exciting opportunity for those with a vision. This additional space can be transformed into a recreational area, a home office, or even extra bedrooms, depending on your needs. The age of the house, being between 51 and 99 years, adds character and charm, while the forced air heating system ensures warmth during the colder months.

The location of this house for sale in Oshawa is a key selling point. Positioned conveniently off the 401, it offers easy access to major routes and amenities. The surrounding area is known for its mature trees and established community, providing a serene environment for families and individuals alike.

In summary, 506 Farewell Street, Oshawa, is a house for sale that presents a wealth of possibilities. Whether you are a renovator looking for a project, an investor seeking a profitable opportunity, or a first-time buyer in search of a larger detached home at a reasonable price, this property is worth your consideration. With its high potential for transformation and a desirable location in Donevan, this house for sale in Oshawa is not to be missed. Don’t hesitate to explore the possibilities that await you in this promising residence.

Donevan is a charming residential neighbourhood located in the city of Oshawa, Ontario, characterised by its tranquil suburban atmosphere and family-friendly environment. Nestled conveniently near major roadways, it offers easy access to the bustling amenities of Oshawa while maintaining a sense of peaceful retreat. The area is predominantly composed of well-established homes, surrounded by lush green spaces and parks, making it ideal for outdoor activities and leisurely strolls. With a variety of local shops, schools, and community facilities nearby, Donevan presents an inviting option for those seeking a balanced lifestyle in a welcoming geographic setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of needs for families with children. The closest school is David Bouchard Public School, just 0.4 km away, offering both English and French instruction for grades JK to 8 under the Durham District School Board. Another nearby option is St. Hedwig Catholic School, located 0.8 km from the property, which provides English-language education for grades JK to 6 and boasts a school rating of 2.8. For secondary education, Monsignor John Pereyma Catholic Secondary School, situated 1.3 km away, offers grades 7 to 12 with a commendable rating of 5.6. Additionally, Durham Alternative Secondary School is available 2.3 km from the property for grades 9 to 12. Families seeking Catholic education can consider St. Thomas Aquinas Catholic School, 3.2 km away, which serves grades 1 to 8 and has a school rating of 3.9. Lastly, Holy Trinity Catholic Secondary School is located 4.7 km away, offering French-language instruction for grades 9 to 12. Overall, the area provides a diverse range of educational opportunities for students 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 2.6 individuals. The demographic profile indicates a mature community, with an average age of 44.2 years. The economic landscape is relatively robust, as the average household income stands at $104,000, although 9.6% of the population is classified as low-income. The average property price in the area is approximately $670,000. The community exhibits a diverse social structure, with nearly 49% of residents being single and 31% of households having children. Immigrants make up 16.49% of the population, contributing to the area's cultural richness. Rental properties account for 22.86% of housing, while there are no condominiums available in the area. Educational attainment is notable, with 44.58% of residents holding a college or university degree. However, it is important to note that the same percentage of the population is not in the labor force, which may reflect various factors such as retirement or other commitments. Overall, this area presents a balanced mix of families, singles, and educated individuals, making it an attractive location for prospective homeowners.