$1,248,000
13.40 BTC
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489 Drew Street, Oshawa
$1,248,000
PRICE
9
BEDROOMS
6
BATHROOMS
E14140620
MLSID

489 Drew Street, Oshawa

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
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Summary

Address
489 Drew Street
City
Community
MLSID
E14140620
Property Type
Triplex
Property Category
Bedrooms
9
Bathrooms
6
Kitchens
3
Taxes (Annual)
$8,500.00
Tax Year
2025
Published
November 2, 2026
Days on Market
5 Days
Possession Type
60-89 Days
Possession Details
Tba
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Inclusions

MAIN FLOOR: Original floor plan features 3 bedrooms and 2 bathrooms, large windows, and a bright interior filled with natural light. Walk out to a spacious deck overlooking the fully fenced backyard. The main floor is currently configured with 5 bedrooms, providing excellent flexibility and rental potential.SECOND FLOOR: Spacious and bright upper-level suite featuring 3 bedrooms and 2 bathrooms, large windows throughout, and a huge private balcony with clear, open views. Includes its own private laundry and dedicated furnace. The second floor is currently configured with 5 bedrooms.

Details

Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Second Level
Bathroom 4
3-Piece Second Level
Bathroom 5
3-Piece Basement Level
Basement
Apartment, Walk-Up, Separate Entrance, Finished
Interior Features
Carpet Free
Parking Spaces
3
Parking Total
3
Parking Features
Available
Architectural Style
2-Storey
Roof
Flat
Construction Materials
Other
Lot Width
38 Feet
Lot Depth
103 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with HOMELIFE LANDMARK REALTY INC.
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