34 Elgin Street, Oshawa, ON
Property no longer active
This property was sold on April 2, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of O'Neill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 41.5 x 56 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with window unit(s) central cooling and highly efficient radiant heating via other
Description
Attention Investors and first time home buyers! Welcome to this fantastic legal multi-unit dwelling located in a highly sought-after area of Oshawa, offering both comfort and investment potential. Make your own rent rates with vacant possession! This property features two self-contained units, making it an ideal choice for investors looking to expand their portfolio or first-time home buyers seeking to offset their mortgage with rental income. Unit 1: Main Floor- Spacious and bright, this unit offers a comfortable living space with a kitchen, dining room, and family room, perfect for entertaining or family gatherings. Two bedrooms and a full 4-piece bathroom completes this unit.Unit 2: Upper Levels (2nd & 3rd Floors)This expansive 1.5-story unit is made up of a kitchen, living room and 4 bedrooms! Four bedrooms offer plenty of room for a growing family or for use as rental spaces.A second 4-piece bathroom ensures the upper unit is fully self-sufficient and ideal for tenants or larger households. Shared laundry facilities in the basement provide added convenience for both units.Two private driveways offer ample parking space for both units, ensuring no issues with parking for residents or guests. A short walk to Tribute Communities Centre, offering easy access to concerts, sporting events, and entertainment. Close to the Parkwood National Historic Site, providing a beautiful natural setting and rich history. Just minutes from Ontario Tech University Downtown Campus, perfect for students or faculty looking for a well-located rental property. Whether you're looking to invest in a property with strong rental potential or a home where you can live comfortably while generating income, this property offers the best of both worlds. Don't miss the chance to own this legal multi-unit dwelling in a prime Oshawa location!
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Property Summary
This duplex located at 34 Elgin Street, Oshawa is currently for sale and has been available on SousaSells for 487 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 6 beds, 2 bathrooms, and is 2500-3000 square feet. 34 Elgin Street, Oshawa is in the O'Neill neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Rec./Commun.Centre, School
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 34 Elgin Street W, Oshawa, ON L1G 1S4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $499,900 in Oshawa, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.