Room 1
Level not provided
489 DREW St
Central, Oshawa, Ontario L1H 5B8
Description
OFFER ANYTIME! Exceptional Investment Opportunity in the Heart of Oshawa! This spacious purpose-built-style triplex offers outstanding income potential with 3 self-contained units, each featuring its own private entrance, separate hydro meter, individual furnace, private laundry, modern kitchen, 3 bedrooms and 2 bathrooms - providing a total of 9 bedrooms and 6 bathrooms.Designed with functionality and natural light in mind, the property features large windows throughout. The second-floor unit offers an oversized private balcony with an open view, while the main-floor unit features a beautiful deck overlooking the backyard. The lower-level unit boasts large windows, creating a bright and inviting living space with abundant natural light.Ideally located close to transit, shopping, schools, restaurants, parks and everyday amenities. The property currently generates strong rental potential, with individual rooms being rented primarily to students.Beyond its existing income-producing use, the property may also offer long-term redevelopment and land assembly potential, making it attractive to investors, developers and buyers looking for both immediate income and future upside. Future development is subject to municipal planning, zoning and approval requirements.A rare opportunity to acquire a highly functional multi-unit property with strong income potential and future redevelopment possibilities in a growing Oshawa neighbourho
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- E14140620
- Board
- TRREB MLS®
- Days on market
- Tax
- $8,500
- Size
- 2500-3000 sqft
- Lot
- 37.51 × 103.12 Feet
- Parking
- None, 3 Parking
Listing History
Buy/Sell history for 489 DREW St, Oshawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,248,000 | N/A | For Sale | E14140620 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- Central
- Municipality
- Oshawa
Inside
- Bedrooms
- 9
- Bathrooms
- 6
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 2, 3pc, Bsmt
- Basement Type
- Apartment
- Kitchens
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 2500-3000 sqft
- Construction
- Other
Parking
- Driveway
- Available
- Garage Type
- None
- Add. Parking
- 3
- Total Parking
- 3
Land
- Sewer
- Sewers
- Lot Size
- 37.51 × 103.12 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 0-5
- Foundation
- Insulated Concrete Form
- Roof
- Flat
- Fireplace
- N
- Pool
- None
- Den
- Y
- Family room
- Y
- Extras
- MAIN FLOOR: Original floor plan features 3 bedrooms and 2 bathrooms, large windows, and a bright interior filled with natural light. Walk out to a spacious deck overlooking the fully fenced backyard. The main floor is currently configured with 5 bedrooms, providing excellent flexibility and rental potential.SECOND FLOOR: Spacious and bright upper-level suite featuring 3 bedrooms and 2 bathrooms, large windows throughout, and a huge private balcony with clear, open views. Includes its own private laundry and dedicated furnace. The second floor is currently configured with 5 bedrooms.
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 7 on record nearby 6 checked, none on recordRead 2026-11-02
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m32 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 4.4 km
Province of Ontario open data
Around the home
- Nearest rail line: 240 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is A.G. Simpson Automotive Inc. — OSHAWA PLANT, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Oshawa PUC Networks Inc.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Ruralwave, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,721
- Down payment$249,600
- Mortgage amount$998,400
- Total interest$717,900
- Total cost$1,965,900
Cash flow analysis
$5,721
Total monthly payment
$6,429
Break-even down payment
100%
Cash flow-$6,429
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,248,000
$1,248,000
CAD
Estimated market value
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