489 DREW Street

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

Property details

MLS® Number

E14140620

Property Type

Triplex

Style

2-Storey

Lot Size

37.51 × 103.12 feet

Garage

None

Basement

Apartment, Walk-Up, Separate Entrance, Finished

Heating

Forced Air

Cooling

Central Air

Annual Taxes

$8,500

Listed

November 2, 2026

Brokerage

HOMELIFE LANDMARK REALTY INC.