480 Elizabeth Street, Oshawa, ON

$1,800/mo
MLS#:E13556886
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of McLaughlin. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 59 x 146 ft lot
  • Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Prime location: legal 2-bedroom walk-out basement apartment for lease in the highly sought-after McLaughlin community of Oshawa. This bright, spacious, and well-maintained lower-level unit offers a functional open-concept layout featuring a large living and dining area, a full kitchen with ample cabinetry, two generously sized bedrooms with good closet space, and a clean 4-piece bathroom. With a private separate entrance, separate laundry, and access to a spacious backyard, this unit is ideal for working professionals, small families, or responsible tenants seeking comfort and convenience. Two parking spaces are included in the rent, conveniently located on the right side of the driveway, and blinds will be installed shortly for added privacy. Situated in a quiet, family-friendly neighbourhood on a premium lot with mature trees, you are just steps to top-rated schools including Adelaide McLaughlin P.S., R.S. McLaughlin CVI, and Monsignor Paul Dwyer, as well as parks, transit, and everyday amenities. Enjoy easy access to Highway 401, the GO Station, Oshawa Golf Club, Lakeridge Health, shopping, and dining. A perfect opportunity for tenants looking for an affordable, move-in-ready rental in a prime location with excellent commuter access and a welcoming community

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Property Summary

This detached home located at 480 Elizabeth Street, Oshawa is currently for sale and has been available on SousaSells for 3 days. This property is listed at $1,800 with an estimated mortgage of $6* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 480 Elizabeth Street, Oshawa is in the McLaughlin neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/13/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 5
ConstructionAluminum Siding, Brick
BasementSeparate Entrance, Walk-Out
Lot Size59 × 146 Feet
CountyDurham

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Water Softener

Security Features

Community Features

Location

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480 Elizabeth Street, Oshawa, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 480 Elizabeth Street Lower Unit, Oshawa, ON L1J 5T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oshawa.

Configure Loan Settings

Interest Rate4.00%
Down Payment$540 (30.0%)
* Minimum Canadian down payment required for this price is $90.
Amortization Period30 Years
Estimated Monthly Payment$6Based on a loan of $1,260 over 30 years.
Purchase Price$1,800
Loan Amount$1,260
Provincial Land Transfer Tax:$9
Total Estimated Closing Taxes:$9

About Purchasing a Home in Oshawa, ON

For a property listed at $1,800 in Oshawa, the legal minimum down payment is $90 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for McLaughlin, Oshawa.

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$794,273

People & Families

Age Distribution

Household Composition

One-person households
21%
Families with children
53%
Couples without children
26%
Other households
0%

Top Ethnic Origins

English23%
Scottish18%
Irish18%
Canadian16%

Local Schools Guide

Elementary Schools

Woodcrest
Public506 Woodcrest Avenue, Oshawa, Ontario, L1J 2T8
2.6
Antonine Maillet
Public615 Ridgeway Avenue, Oshawa, Ontario, L1J 2W3
9.1
St Christopher
Public431 Annapolis Avenue, Oshawa, Ontario, L1J 2Y5
3.7
Adelaide Mclaughlin
Public630 Stevenson Road North, Oshawa, Ontario, L1J 5P1
5.2
Stephen G Saywell
Public855 Roundelay Drive, Oshawa, Ontario, L1J 7V1
6.0

Secondary Schools

R. S. McLaughlin
Public570 Stevenson Road North, Oshawa, Ontario, L1J 5P1
6.4
Monsignor Paul Dwyer
Public700 Stevenson Road North, Oshawa, Ontario, L1J 5P5
5.6
O’Neill
Public301 Simcoe Street North, Oshawa, Ontario, L1G 4T2
5.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.