Proudly Canadian
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 1 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 2 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 3 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 4 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 5 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 6 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 7 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 8 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 9 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 10 of 11
Triplex for sale at 489 DREW Street, Oshawa - 9 bedroom, 6 bathroom - Photo 11 of 11
1 / 11• 8 locked
View on map
Active
NEW

$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.

Just listed — 2 days ago

Possession · seller's timeline

60-89 days

9Beds
6Baths
2500-3000sqft
Triplex
2-Storey
3Parking
$8,500Taxes/yr · 2025
See similar homes in this price range

What's this home worth?

Get a free estimate for 489 DREW St

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 TypeTriplex
Style2-Storey
CommunityCentral
Approximate Age0-5
Rooms15
Kitchens3
Washrooms6
Square Feet2500-3000 sqft
Lot Dimensions37.51 × 103.12 ft
Fronting OnEast
Dir/Cross StOlive Ave/Ritson Rd S
Garage TypeNone
DriveAvailable
Parking Drive Spaces3
Total Parking Spaces3
ExteriorOther
RoofFlat
FoundationInsulated Concrete Form
BasementApartment, Walk-Up, Separate Entrance, Finished
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2025)$8,500
HSTIncluded In
Listed Date11/2/2026
Days on Market2 days
PossessionTBA
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Home Value
Estimate

Listing Courtesy of: HOMELIFE LANDMARK REALTY INC.

MLS® #E14140620

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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).

Similar Listings in This Price Range in Oshawa

Active Triplex listings priced within 5% of $1,248,000 — comparable homes you may also want to see.

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.

Most affordable GTA detached homesOntario Tech University & Durham CollegeOshawa GO — 60 min to UnionLakeview Park & waterfront trail
~60 min commute to downtown TorontoWalkability: Moderate near downtown — car-oriented suburbs