$1,248,000
489 DREW St
Oshawa, ON L1H 5B8
489 DREW St, Oshawa — Listed at $1,248,000. 9 bedroom, 6 bathroom 2-Storey Triplex. MLS® E14140620.
Possession · seller's timeline
60-89 days
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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 Details
Property Insights
Listing Courtesy of: HOMELIFE LANDMARK REALTY INC.
MLS® #E14140620


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HouseIndex Take: 489 DREW Street
This triplex (2-Storey) is located in the Central neighbourhood of Oshawa.
The home offers 9 bedrooms, 6 bathrooms.
Features include a apartment, walk-up, separate entrance, finished basement, 3 parking spaces.
Additional details: lot dimensions of 37.51 × 103.12 feet.
Listed at $1,248,000 CAD with annual property taxes of $8,500 (2025).
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About Oshawa Real Estate
This Triplex is located in the Central community in Oshawa. Oshawa is Durham Region's largest city and home to Ontario Tech University and Durham College. The city offers the GTA's most affordable detached homes with GO Transit connectivity to downtown Toronto. The Oshawa Centre, revitalized downtown core, and Lakeview Park provide amenities, while the 401/407 interchange ensures highway access.












