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489 DREW StreetCentral, Oshawa, ON L1H 5B8 · Sale · MLS® E14140620
9Bedrooms
6Bathrooms
2500-3000Sq ft
3Parking
$416–$499Per sq ft
About this home
The homeTaxes$8,500/yr
Price per sq ft$416–$499
PossessionTBA
All listing details
- 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
- Property type
- Triplex
- Style
- 2-Storey
- Heating
- Forced Air
- Air conditioning
- Central Air
- Basement
- Apartment, Walk-Up, Separate Entrance, Finished
- Garage
- None
- Parking spaces
- 3
- Central vac
- N
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$708 / month
Property tax$708
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Sold nearby
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