320 Elgin St W, Oshawa, Ontario

Multi-Family for Sale in Oshawa

320 Elgin St W, Oshawa, ON

  • CA$998,000
  • 9 BEDS
  • 4 BATHS
  • 7,200 sq.ft. Land
  • CA$998,000

Multi-Family for Sale in Oshawa

320 Elgin St W, Oshawa, ON

  • CA$998,000
  • 9 BEDS
  • 4 BATHS
  • 7,200 sq.ft. Land
  • CA$998,000

Key Facts

  • MLS® #: E12902488
  • Property ID: SIRC3194893
  • Property Type: Residential, Fourplex
  • Lot Size: 7,200 sq.ft.
  • Bedrooms: 9
  • Bathrooms: 4
  • Parking Spaces: 4
  • Listed By:
  • HOMELIFE LANDMARK REALTY INC.

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.

Listing Agents

HOMELIFE LANDMARK REALTY INC.

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Location

320 Elgin St W, Oshawa, Ontario, L1J 2P3 Canada

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