489 DREW STREET, Oshawa, ON L1H5B8
489 DREW STREET, Oshawa, ON L1H5B8
489 DREW STREET, Oshawa, ON L1H5B8
489 DREW STREET, Oshawa, ON L1H5B8
489 DREW STREET, Oshawa, ON L1H5B8
489 DREW STREET, Oshawa, ON L1H5B8
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$ 1,248,000
Est. payment | /mo

9 Beds

6 Baths


Save
$ 1,248,000
Est. payment | /mo
Save

9 Beds

6 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500 - 3000

Subdivision Central

MLS® Listing ID E14140620

Bedrooms 9

Property Description

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 (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by HOMELIFE LANDMARK REALTY INC.

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489 DREW STREET