Connie Huibers - Coldwell Banker Momentum Logo
New Listing
$1,248,000
 $6,700 est/mo Sourced by Back At You

489 Drew Street,Oshawa, ON L1H 5B8

Oshawa, ON L1H 5B8

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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

Details

MLS #E14140620
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site2
Listing Provided ByHOMELIFE LANDMARK REALTY INC. | E14140620 063000

Features

Bed(s)9
Bath(s)6
BasementY
Story(s)2
Acreage0.09

Interior

Interior FeaturesCarpet Free
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo

Exterior

RoofFlat
Foundation DetailsInsulated Concrete Form
Construction MaterialsOther

Parking

Garage Yes / NoNo
Parking FeaturesAvailable

Utilities

SewerSewer

Taxes

Tax Annual Amount8500
Tax Legal DescriptionPART LOTS 160 AND 161 PLAN 148 OSHAWA, PART 1 40R31639 CITY OF OSHAWA
Tax Year2025

Area Information

ProvinceON
RegionDurham
CityOshawa
Postal CodeL1H 5B8
AreaCentral
Listing VS Median (in L1H 5B8)
Price:
$1,248,000
low | high
Med:
$0
On site:
2
low | high
Med:
Sourced by Back At You

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionDurham
CityOshawa
Postal CodeL1H 5B8
AreaCentral
Listing VS Median (in L1H 5B8)
Price:
$1,248,000
low | high
Med:
$0
On site:
2
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $936K - $1.56M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
491 Drew Street Property Photo 1
$1,288,888
491 Drew Street
Oshawa, ON L1H 5B8
Listing Updated: November 2, 2026 at 3:16:04 PM PST

Connie Huibers - Coldwell Banker Momentum