489 Drew Street

Central, Oshawa, L1H 5B8
For Sale
10.73 BTC
489 Drew Street, Oshawa
489 Drew Street
9
BEDROOMS
6
BATHROOMS
3
KITCHENS
15
ROOMS
E13808554
MLSID
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Property Description
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
Nearby Intersections
Property Features
Carpet Free, Available
Property Details
Property Type
Triplex
Lot Size
38' x 103'
Taxes
$8,500 (2026)
Basement
Apartment, Walk-Up, Separate Entrance, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
Listing contracted with Homelife Landmark Realty Inc.
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