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Triplex23 days on market

$999,999

491 Drew Street, Oshawa, ON L1H 5B8

Central · Oshawa · L1H 5B8

Listing brokerage: HOMELIFE LANDMARK REALTY INC.

Beds
5
Baths
4
Sq ft
2500-3000
Parking
3

About this home

An excellent opportunity for investors, multi-generational families, or buyers looking to combine residential ownership with rental income. Please refer to the attached Feature Sheet for additional property details.Welcome to this modern, custom-built legal triplex .MAIN FLOOR: Bright and beautifully finished 2-bedroom, 2-bathroom suite. The primary bedroom has been extended to create an oversized and comfortable retreat. Features a modern kitchen with custom cabinetry, large windows providing abundant natural light, and two beautifully crafted stand-up showers. Walk out to a spacious private deck overlooking the fully fenced backyard with mature fruit trees. Private entrance and well-designed living space ideal for families or tenants.SECOND FLOOR: Spacious 3-bedroom, 2-bathroom suite featuring an open-concept kitchen and living area. Large windows throughout provide exceptional natural light. Enjoy a large private balcony with clear, open views. The unit also features its own dedicated furnace, private laundry, and private entrance, offering excellent privacy and convenience.Currently unfinished and offering excellent future potential. A building permit is already in place for the basement, giving the purchaser the option to proceed with the existing approved plans or, subject to municipal approval, revise the permit to suit their own preferred layout and use. Large windows provide strong natural light, making the space well suited for future finishing and additional living or rental accommodation.

Details

Interior

Bedrooms
5
Bathrooms
4
Washrooms
1 × 3-piece (Main), 1 × 3-piece (Main), 1 × 4-piece (Second), 1 × 4-piece (Second)
Kitchens
2
Rooms
10
Size
2500-3000 sq ft
Basement
Unfinished
Fireplace
Other
Features
Carpet Free

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Garage
None
Total spaces
3
Covered spaces
0

Exterior & Lot

Style
2-Storey
Exterior
Other
Roof
Flat
Foundation
Insulated Concrete Form
Lot size
37.5 × 103.12 feet
Faces
East
Pool
None
Waterfront
None

Utilities

Sewer
Sewer

Taxes & Fees

Property taxes
$8,500 (2026)
HST
Included In

Listing

MLS® number
E13808522
Type
Triplex
Transaction
For Sale
Neighbourhood
Central
Cross streets
Olive Ave/Ritson Rd S
Age
New
Possession
TBA

History

Past listings and sales for this home and building.

Location

491 Drew Street, Oshawa, ON L1H 5B8 · Near Olive Ave/Ritson Rd S

Monthly cost

Estimated monthly cost

$5,136/mo

Mortgage
$4,428
Property tax
$708
Down payment$200,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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