
480 Elizabeth Street
Oshawa (McLaughlin), ON L1J 5T1
- 4+2Bedrooms
- 3Bathrooms
- 1Garage
- 1500–2000Sq Ft
- $6,708Tax
- 59×146 ftLot Size
- Estimated Value:$928,605See Free Estimate Report

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About 480 Elizabeth Street, Oshawa, McLaughlin
Summarized Description
- Legal 2-bedroom basement apartment for rental income.
- Private balcony off the primary bedroom.
- Expansive lot size of 59 x 146 ft.
- Bright and spacious 4+2 bedroom layout.
- Hardwood flooring throughout main living areas.
- Ideal for multi-generational living or investment.
- Close to schools, parks, and amenities.
- Convenient access to major highways and transit.
Prime location! Expansive, serene, private 59 x 146 ft lot! Legal 2-bedroom basement apartment! Lovingly maintained by the same family since 1963, this charming home showcases pride of ownership. Offering nearly 3,000 sqft of living space, this bright and spacious 4+2 bedroom, 2+1 bath detached home is ideally situated in the highly desired McLaughlin community. An interlock driveway welcomes you to a large foyer & spacious main floor designed for everyday living and entertaining. The warm and inviting living room, accessed through French doors, features hardwood flooring, a gas fireplace, and built-in shelving. The functional kitchen offers ample space for the family and is perfectly positioned between the dining and family rooms, both with walk-outs to a full-length deck overlooking the backyard. The family room also includes a side entrance and direct access to the garage. Four bedrooms upstairs, all with hardwood flooring and double closets, plus a 4-piece bath. The primary bedroom features two double closets, a 3-piece ensuite, & a walk-out to a private balcony. The lower levels include a storage room, shared laundry/utility space, plus a bright, spacious legal 2-bedroom basement apartment with a separate entrance, kitchen, 4pc bath, and large living/dining area. An ideal opportunity for buyers to enter the market with rental income to offset the mortgage, create a full income property, or accommodate multi-generational living. A legal 2-unit home of this size in an A+ location like this is a rare find. Experience McLaughlin, a vibrant, family-friendly community known for its tree-lined streets, spacious lots, excellent schools, abundant green space, popular parks & convenient to Oshawa Golf Club, Lakeridge Health and all amenities. Steps to Adelaide McLaughlin P.S., St. Christopher, R.S. McLaughlin CVI, and Monsignor Paul Dwyer, this neighbourhood also offers seamless connectivity to major highways, the GO Station, and public transit for effortless commuting.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,708
- Land Transfer Tax Fee
- $10,473
Rental Items
- Rental Equipment
- None
- Basement Type
- Apartment, Separate Entrance, Walk-Out
Interior Features
- Interior Extras
- Water Heater Owned, Water Softener
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Backsplit 5
Construction
- Exterior Finish
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 59.00 ft
- Lot Depth
- 146.00 ft
Inclusions
- Inclusions
- All Electric Light Fixtures, All Existing Appliances including: 2 x Fridges, 2 x Gas Ranges, 1 x Dishwasher, 1 x Microwave, 1 x Washer and 1 x Dryer, Fireplace, Garden Shed, Push Lawnmower in the Shed.
Exclusions
- Exclusions
- Stagers property & items.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 2
- Washrooms
- 3
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level, Tile Floor
- Dining Room—Main level, Tile Floor, W/O To Deck
- Living Room—Ground level, Hardwood Floor, Fireplace, French Doors
- Family Room—Main level, Broadloom, W/O To Deck, Access To Garage
- Primary Bedroom—Upper level, Hardwood Floor, W/O To Balcony, 3 Pc Ensuite
- Bedroom 2—Upper level, Hardwood Floor, Double Closet, Window
- Bedroom 3—Upper level, Hardwood Floor, Double Closet, Window
- Bedroom 4—Upper level, Hardwood Floor, Double Closet, Window
- Kitchen—Lower level, Tile Floor
- Living Room—Lower level, Hardwood Floor, Combined w/Dining, W/O To Patio
- Bedroom 5—Lower level, Hardwood Floor, W/W Closet, Window
- Bedroom—Lower level, Hardwood Floor, Window
- Utility Room—Sub-Basement level, Tile Floor, Window
- Other—Sub-Basement level
Washrooms
- 3-piece, Second
- 4-piece, Second
- 4-piece, Basement
- Municipality
- Oshawa
- Neighbourhood
- McLaughlin
- Main cross streets
- Stevenson Rd N & Rossland Rd W
- Directions
- North on Stevenson Rd N, West on Annapolis Ave, North on Elizabeth
- Waterfront
- None
- MLS® number
- E13067340
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-27
- Listed on
- 2026-05-01
- Days on market
- 26 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX JAZZ INC.
Home Market Value
Current home valuation for 480 Elizabeth Street, Oshawa, McLaughlin, Oshawa, ON. Listed for $699,900
HOMEH Estimate
$928,605
Estimated Sales Range
$650,024 - $1,207,187
HOMEH Estimate for 480 Elizabeth Street, Oshawa, McLaughlin
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $199,900 over $500K
$44,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,176 | $19,527 | $16,658 | $0 |
=Total mortgage | $680,582 | $649,437 | $611,573 | $559,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,323monthly | $3,171monthly | $2,986monthly | $2,734monthly |
Land Transfer Tax
$10,473
$10,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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