• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
Personal Pic

Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$1,248,000
Available - For Sale
Listing ID: E14140620
489 DREW Street , Oshawa, L1H 5B8, Durham


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
Price $1,248,000
Taxes: $8500.00
Occupancy: Owner+T
Address: 489 DREW Street , Oshawa, L1H 5B8, Durham
Directions/Cross Streets: Olive Ave/Ritson Rd S
Rooms: 15
Bedrooms: 9
Bedrooms +: 0
Family Room: T
Basement: Apartment, Walk-Up
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Main
Washroom Type 3 3 Second
Washroom Type 4 3 Second
Washroom Type 5 3 Basement
Washroom Type 6 3 Main
Washroom Type 7 3 Main
Washroom Type 8 3 Second
Washroom Type 9 3 Second
Washroom Type 10 3 Basement
Total Area: 0.00
Approximatly Age: 0-5
Property Type: Triplex
Style: 2-Storey
Exterior: Other
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 3
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 0-5
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE LANDMARK REALTY INC.
Personal Picture
Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Freehold - Triplex
Area: Durham
Municipality: Oshawa
Neighbourhood: Central
Style: 2-Storey
Lot Size: x 103.12(Feet)
Approximate Age: 0-5
Tax: $8,500
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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