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$998,000Asking Price

320 Elgin Street W, Oshawa, ON L1J 2P3

Mclaughlin, Oshawa

Fourplex
9
Bedrooms
4
Baths
4
Parking
Days on Market

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.

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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.

Key Info

  • Bungalow Fourplex
  • 4 Parking
  • No Garage
  • Park Rd. & Adelaide
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $7,592 in 2025
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #E12902488
  • HOMELIFE LANDMARK REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Mclaughlin, Oshawa is an east GTA neighbourhood notable for its university grads. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Oshawa  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

46% of residents are
single and loving it.

46% singles

Oshawa (47%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

31% of residents
are renters.

31% renters

Oshawa (32%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

19% of residents are
university grads.

19% university grads

Oshawa (19%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$98K

is the average household
income in the neighbourhood.

Oshawa  ($99K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Trades 10%
Business 8%
Government 6%
Management 5%

Immigrants

19% of residents were
born outside of Canada.

19% immigrants

Oshawa (18%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.1% of immigrants.
Caribbean 2.2%
Italy 1.8%
India 1.1%
Jamaica 1.0%

3.1% from UK
All-time

Birthplace - Recent

UK was once home to 0.5% of immigrants.
India 0.3%
USA 0.3%
Philippines 0.2%
Pakistan 0.2%

0.5% from UK
Recent

Foreign Languages

Foreign Languages

Italian 2%
French 2%
Polish 1%
Spanish 1%
German 1%

Religions

Religions

Christian 72%
Hindu 2%
Muslim 1%