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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSE13449552
MLSIDContact Us
Property Description
Rarely offered triplex on an exceptional ravine lot! With 70 feet of frontage and a lot depth exceeding 300 feet, backing onto Oshawa Creek, this income-producing property offers privacy, green space, and a setting rarely found in today's market. The building features three self-contained units with separate hydro meters, dedicated storage lockers, private entrances, coin-operated laundry, and parking for approximately 5-6 vehicles. The main and upper units each offer two bedrooms and private balcony space overlooking the expansive backyard, while the lower unit offers a spacious one-bedroom layout. Originally renovated in 2016, the property features updated kitchens, bathrooms, flooring, windows, and mechanical systems. Each unit is equipped with a refrigerator, stove, microwave hood fan, and dishwasher (excluding the lower unit). Additional income is generated through the on-site coin-operated laundry facilities. What truly sets this property apart is the lot itself. Backing onto Oshawa Creek, the property offers a level of privacy and outdoor enjoyment rarely found in income-producing properties. Tenants enjoy access to a massive backyard with room to relax, entertain, garden, and play, all while being surrounded by nature. Two storage sheds are also located at the rear of the property. Conveniently located close to Highway 401, public transit, shopping, parks, schools, and Lake Ontario, this is an excellent opportunity for investors looking to expand their portfolio or buyers seeking a property with built-in income potential. Detailed investment package available, including virtual tour, floor plans, and room measurements.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2016-08-02 | 2016-08-06 | 4 | $550,000 | $600,000 |
| 2012-04-30 | 2012-07-21 | 82 | $414,900 | $390,000 |
| 2002-10-10 | 2002-11-12 | 33 | $249,900 | $235,000 |
Nearby Intersections
Property Features
Ravine, River/Stream, Carpet Free, Separate Hydro Meter, Storage Area Lockers, Private, Irregular Lot
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Property Details
Address
1056 Ravine Road
Community
City
Postal Code
L1H 4C8
Property Type
Triplex, Triplex
Zoning
R5A
Taxes
$8,097 (2026
Basement
Apartment
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Re/Max Ultimate Realty Inc.
Look no further. Your search for an investment property has just ended in this legal triplex/ 2 - 2 bedrooms and 1 bedroom lower unit. Each unit is self contained with separate kitchen, full washroom, separate front and back entrance to each unit. Incredible land value. Whether you are looking for investment rental income or for yourself to live in one of the self contained units. Nested on a quiet street and in a prime location. Walking distance to newly updated Oshawa Centre, Loblaws, shopping, eateries, recreation and transit. Walmart and 401 just minutes away. All 3 units recently renovated. All electricals have been upgraded to breakers with individual breaker panel located in each unit. Shared basement coin-op laundry provides additional income. Tenant pays own hydro. 5 Parking spots on site
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Look no further. Your search for investment property has just ended in this LEGAL TRIPLEX (CITY ZONING AVAILABLE). Nested on a quiet street and located in a prime location with easy access to 401, Costco, shopping, eateries, recreation and transit. ALL 3 UNITS ARE TENANTED. All 3 units are FULL 2 BEDROOM unit, each unit is self-contained with individual kitchen, hot mater tank, bathroom, front and back entrance, providing privacy and comfort for all occupants. Incredible land value. All electricals have been upgraded to breakers with individual new panel in each unit. Basement coin-op laundry provide extra income. Tenants pay own hydro and heat. NO AC. 3 outdoor parking and 3 storage shed included.
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