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5
BEDROOMS 4
BATHROOMS 2
KITCHENS 10
ROOMS E13808522
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Property Description
An excellent opportunity for investors, multi-generational families, or buyers looking to combine residential ownership with rental income. Please refer to the attached Feature Sheet for additional property details.Welcome to this modern, custom-built legal triplex .MAIN FLOOR: Bright and beautifully finished 2-bedroom, 2-bathroom suite. The primary bedroom has been extended to create an oversized and comfortable retreat. Features a modern kitchen with custom cabinetry, large windows providing abundant natural light, and two beautifully crafted stand-up showers. Walk out to a spacious private deck overlooking the fully fenced backyard with mature fruit trees. Private entrance and well-designed living space ideal for families or tenants.SECOND FLOOR: Spacious 3-bedroom, 2-bathroom suite featuring an open-concept kitchen and living area. Large windows throughout provide exceptional natural light. Enjoy a large private balcony with clear, open views. The unit also features its own dedicated furnace, private laundry, and private entrance, offering excellent privacy and convenience.Currently unfinished and offering excellent future potential. A building permit is already in place for the basement, giving the purchaser the option to proceed with the existing approved plans or, subject to municipal approval, revise the permit to suit their own preferred layout and use. Large windows provide strong natural light, making the space well suited for future finishing and additional living or rental accommodation.
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Nearby Intersections
Property Features
Carpet Free, Other
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Property Details
Address
491 Drew Street
Community
City
Postal Code
L1H 5B8
Property Type
Triplex, Triplex
Lot Size
38' x 103'
Acreage
3,863.2 Feet
Taxes
$8,500 (2026
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Homelife Landmark Realty Inc.
Jump Into Real Estate Investing Or Add To Your Portfolio With This Well Maintained Legal Non Conforming Triplex In Central Oshawa Containing 3- 2 Bedroom Units Each With Their Own Entrance. Fully Tenanted, well- managed property & Generating over $40,000 Gross Annual Rental Income Plus Additional Income From Coin Laundry. Spacious & Bright With Plenty Of Natural Light! Private Driveway With Large Paved Parking Area & Large Storage Unit For Tenants.
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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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Legal Non-Conforming Triplex With Added Separate Inlaw Apartment - All On A Huge Lot On A Quiet No Exit Street Conveniently Located Walking Distance To Schools Parks Oshawa & Walmart Shopping Centers, Local Transportation & The Comming Soon Go Station. Owner Oocupied 3 Bedroom Main Floor Apartment Plus 2 Beautiful Single Bedroom Apts. Owner Has Updated & Upgraded This Entire Property Top To Bottom. Great Turn Key Investment Oportunity ** ATTENTION 1ST TIME BUYERS ! ** ...This Is A Great Way To Buy Into The Market Now & Have Your Tenants Pay Your Mortgage
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This Well Maintained Three 2 Bedroom Unit Triplex With 6 Parking Spots, Is Located In The Heart Of Oshawa. Convenient And Quiet Location With Easy Access To Shopping, Recreation, Transit And Go. Public, Separate And Private Schools Nearby. Each Unit Has 2 Designated Parking Spots. Coin Laundry For Upper Two Units. Renovated Lower Unit With High End Finishes & Appliances And Has Its Own Ensuite Laundry. : Complete With A Newly Fenced Yard. Extras: New Roof! Incredible land value, with the added benefit of moving into one unit and having a rental income as cash flow. A new coin operated washer and dryer was recently installed. Newer roof and coin operated laundry in common laundry area for 2nd and 3rd apartment ( 1st floor apartment has ensuite laundry ) - There is NO AC, and heating is electric baseboard.
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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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CASH FLOWING LEGAL TRIPLEX in highly sought-after North Oshawa! $69,500/Yr in rental income! This CASH FLOW POSITIVE, custom-built, FULLY RENOVATED triplex is a turn-key investment with modern finishes and excellent, RELIABLE tenants already in place, all paying MARKET RENT, ensuring immediate and steady rental income. Whether you're a seasoned investor or looking to expand your portfolio, this property offers exceptional returns with huge upside potential for long-term appreciation and future redevelopment possibilities. The triplex features three self-contained units. Unit 1: 3 bed, 1 bath; Unit 2: 1 bed, 1 bath; Unit 3: 3 bed, 1 bath, all with their own ensuite laundry, each designed for maximum functionality and rental appeal. With high-end finishes, low-maintenance upgrades, and separate entrances, this property is built for strong tenant retention and minimal upkeep, making it a hassle-free, income-generating asset. Beyond the interiors, the large backyard provides outdoor space for tenant enjoyment, further increasing the property's desirability. Situated in a prime location, this triplex offers easy access to schools, shopping, parks, and public transit, making it an attractive rental option in an area where demand for quality housing is high. With tenants already paying market rent, this is a rare opportunity to secure a high-performing multi-family asset that delivers immediate cash flow and long-term growth potential. Dont miss out on this exceptional investment opportunity, a fully tenanted, income-generating property in one of Oshawa's most desirable neighborhoods!
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