For Sale - 320 Elgin Street, Oshawa, Ontario

Est payment $4,792/mo
Views   1
Time on Jump  13 day
  • Rare legal fourplex with strong income potential in a high-demand area.
  • Four self-contained units with separate entrances for privacy and convenience.
  • Recently updated upper unit is vacant and ready for owner occupancy or market rent.
  • Common area includes a coin-operated washer and dryer for extra income.
  • Close to public transit, shopping, schools, and parks for easy access.



Rare legal fourplex on an oversized lot in a high demand location! Exceptional opportunity for investors or end-users seeking strong income potential and future upside. This well-maintained property features 4 self-contained units, 4 separate entrances, 3 hydro meters and 6 parking spaces. The front upper unit offers 3 bedrooms, living room, kitchen and 1 bathroom and is currently vacant, providing immediate possession for owner occupancy or the opportunity to set market rent. This unit features several newly installed windows as well as new flooring, stove and refrigerator. The back upper unit features 3 bedrooms, kitchen and 1 bathroom; the front lower unit includes 1 bedroom, kitchen and 1 bathroom; the back lower unit offers 2 bedrooms, kitchen and 1 bathroom. Buyer to assume existing tenancies for the remaining 3 units. Common area coin-operated washer and dryer provide additional monthly income. Long-term ownership with excellent maintenance and pride of ownership evident throughout. Roof replaced approximately 2 years ago. Located close to public transit, shopping, schools, parks and other everyday amenities. Excellent option as a turnkey income property, owner-occupied investment, or future redevelopment opportunity on a generous lot. Current rent for reference: unit 2: 1489. 69/month, unit 3: 1041. 64/month, unit 4: 1157. 64/month.
Listing IDE12902488
Address320 Elgin Street
CityOshawa, Ontario
Price$998,000
Bed / Bath9 / 4 Full
StyleBungalow, Fourplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features NoneOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  HOMELIFE LANDMARK REALTY INC.

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320 Elgin Street
Oshawa , Ontario
9 4 $998,000
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