*** A fantastic opportunity with endless potential *** Located in a desirable north-west Oshawa neighbourhood, this detached 2+1 bedroom brick bungalow sits on a generous 80' x 102' lot in a southern exposure. There is also a detached 1.5 car vinyl sided garage that was built in 2012 with a drywalled interior and concrete floor plus there's lots of parking in the paved drive. Inside the home, you'll find an eat-in kitchen that is open to the front living room with hardwood floor and corner windows that provide lots of natural light. The main level includes 2 bedrooms and a 4-piece bathroom. A separate side entrance leads to the partially finished lower level, which offers additional living space. Here, you'll find a rec room and third bedroom with above-grade windows, dropped ceiling and laminate flooring. The basement also includes an unfinished laundry area with sink, a separate furnace, storage area and cold cellar. While the property requires some work, it has a functional layout and great location, within walking distance to major retailers, schools and grocery stores, as well as local transit, parks, and everyday amenities. There is an owned hot water tank, breaker panel, and the shingles are approximately 3-4 years old plus the basement was waterproofed in 2014, ensuring peace of mind for future renovations. 505 Annapolis Avenue is being sold "as is/where is" by a Power of Attorney for the Seller. This property is ideal for any first-time buyer, renovator or investor!