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$ 998,000
Est. payment /mo
Active
320 Elgin ST W Oshawa, ON L1J 2P3
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Mclaughlin
MLS Listing ID E12902488
Style Bungalow
Bedrooms 9
Annual Tax Amount $7,592
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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, Living Room, Kitchen And 1 Bathroom; The Front Lower Unit Includes 1 Bedroom, Living Room, Kitchen And 1 Bathroom; The Back Lower Unit Offers 2 Bedrooms, Living Room, 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.
Location
State ON
County Durham
Area Durham
Rooms
Family Room No
Basement Finished
Kitchen 4
Interior
Interior Features None
Heating Yes
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 120.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
ParcelsYN No
Listed by HOMELIFE LANDMARK REALTY INC.
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