A charming one storey bungalow sits on a rare, with potential severance oversized lot in Oshawa's established Lakeview neighbourhood.. This two bedroom, one bathroom home gives buyers a wonderful opportunity to add their own updates and build instant equity. The land is the real story here. This generous 86.96 by 213 foot lot backs onto the tranquil Oshawa Valleylands Conservation Area, where mature trees frame a private, peaceful setting you rarely find this close to the city. A detached garage and a private driveway with parking for four vehicles add everyday convenience, and the oversized, irregular lot carries genuine severance potential for investors and builders. Inside, the home needs work, making it an ideal project for renovators and contractors looking for solid bones in a sought after pocket of Oshawa. The location delivers real lifestyle value. Families sit close to Dr CF Cannon Public School and GL Roberts CVI, while Lake Vista Park and Fenelon Venus Park are each just nine minutes away. A transit stop waits three minutes on foot, and Lakeridge Health Oshawa sits minutes away for peace of mind. Lots like this, backing directly onto protected green space, rarely last long on the market.