489 DREW St

About this Property

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

Listing Details

MLS #

E14140620

Board

PROPTX

Market

ontario

Property Type

Triplex

Style

2-Storey

Year Built

0-5

Garage

None

Parking Spaces

3

Basement

Apartment, Walk-Up

Heating

Forced Air

Cooling

Central Air

Pool

None

Lot Size

37.51 × 103.12 ft

Annual Taxes

$8,500/yr

Listed By

HOMELIFE LANDMARK REALTY INC.

Listed On

November 2, 2026

Features & Extras