789 Regent Drive

Nestled in the heart of the Eastdale community, this remarkable Multi-Family Home for sale in Oshawa at 789 Regent Drive, Oshawa, is an exceptional opportunity for both investors and those seeking a residence with rental income potential. This legal duplex boasts two distinct units, each with self-contained living spaces, making it an ideal choice for families or individuals looking to maximise their investment.

The property features a charming brick exterior, characteristic of the bungalow style, and is situated on a generous lot measuring 58 by 103 feet. As you approach 789 Regent Drive, Oshawa, you'll appreciate the convenience of a private driveway that accommodates parking for up to four vehicles. Although there is no garage, the ample parking space ensures that you and your guests will always have a place to park.

Inside, the upper unit of this Multi-Family Home for sale in Oshawa is designed for comfort and functionality. It comprises three spacious bedrooms and a well-appointed bathroom, alongside a bright and inviting living area. The kitchen, located on the main floor, is modern and equipped for all your culinary needs. This unit has been thoughtfully maintained, featuring updated flooring and an abundance of natural light that creates a warm and welcoming atmosphere.

Meanwhile, the lower unit offers a cosy retreat with two bedrooms and a bathroom, along with the added benefit of direct access to the backyard. This makes it perfect for tenants who enjoy outdoor space or for families who wish to utilise the garden area. Both units come with separate laundry facilities, ensuring privacy and convenience for all residents. Each unit is equipped with its own utility meters, simplifying management for landlords or homeowners.

While this Multi-Family Home for sale in Oshawa does not feature a fireplace or a swimming pool, it does come with central air conditioning, providing comfort during the warmer months. The heating system is forced air, ensuring that the home remains warm and inviting throughout the colder seasons. Additionally, the property is connected to municipal water and sewer services, making it a hassle-free choice for prospective buyers.

The location of 789 Regent Drive, Oshawa, is truly one of its standout features. The Eastdale community is known for its family-friendly atmosphere and proximity to a variety of amenities. Residents will find themselves just a short distance from schools, parks, shopping centres, and dining options. Public transit is easily accessible, along with major highways, making commuting a breeze.

For those looking to invest, this Multi-Family Home for sale in Oshawa presents an excellent opportunity to live in one unit while renting out the other, or to simply add a high-income property to your portfolio. With the growing demand for rental properties in Oshawa, this home is poised to provide a steady stream of income.

In summary, 789 Regent Drive, Oshawa, is a versatile and well-maintained property that caters to a variety of needs. With a total of six rooms and five additional spaces, including a den and family room, there is ample room for everyone. Whether you're an investor seeking a lucrative rental opportunity or a buyer looking for a family home with income potential, this Multi-Family Home for sale in Oshawa is not to be missed. Don't hesitate to schedule a viewing and explore the possibilities that await you at this fantastic property.

Eastdale is a charming neighbourhood located in the city of Oshawa, Ontario, known for its picturesque residential streets and family-friendly atmosphere. This community boasts a mix of well-established homes and modern developments, providing a welcoming environment for residents of all ages. With convenient access to local amenities, including schools, parks, and shopping centres, Eastdale offers a balanced lifestyle that combines suburban tranquillity with urban convenience. The area is well-connected by public transport and major roadways, making it easy to explore the broader Oshawa region and beyond. Whether you’re looking for outdoor recreational opportunities or a close-knit neighbourhood feel, Eastdale presents an appealing option for prospective residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.5 km, you will find Vincent Massey Public School, an English-language elementary school catering to grades JK to 8, and Eastdale Collegiate and Vocational Institute, a secondary school for grades 9 to 12, located 0.6 km away. For those seeking French-language education, Walter E. Harris Public School (1.7 km) offers elementary grades, while R.S. McLaughlin CVI (4.4 km) serves secondary students. Additionally, there are Catholic education options, including Sir Albert Love Catholic School (1.2 km) with a strong rating of 6.4 for grades JK to 8, and Monsignor John Pereyma Catholic Secondary School (2.9 km), which serves grades 7 to 12 and has a rating of 5.6. St. Thomas Aquinas Catholic School (3.9 km) provides French-language education for grades 1 to 8, while Holy Trinity Catholic Secondary School (4.7 km) serves grades 9 to 12. Overall, the area offers a diverse range of schooling options, ensuring quality education for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 360 residents and an average household size of 2.2. The average age of residents is approximately 42.9 years, indicating a mature population. The average household income stands at $84,000, with 16% of the population classified as low-income. The housing market shows an average property price of $580,000, and a significant portion of the population, 69.44%, are renters, suggesting a rental-dominant market. Additionally, 59.32% of residents are single, while 23.81% live in households with children, highlighting a mix of family structures. The community is also diverse, with 18.29% of residents being immigrants and 39.71% holding a college or university education. However, there is a notable portion of the population, 50%, not participating in the labor force, which may influence the local economy. The area has a small percentage of condominiums at 5.56%, indicating a preference for other housing types. Overall, this demographic snapshot suggests a community that is relatively stable, with a blend of single individuals, families, and a diverse educational background.