489 DREW STREET, Oshawa (Central)
$1,248,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 9 bedrooms, 6 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® E14140620
- Neighbourhood
- Central
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
Sold data
Homes in Central — recent sold market
Homes in Central took a median of 21 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 40, across 123 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.
The median sale price was $559,900.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $559,900
- Sale-to-list ratio
- 97.8%
- Sold above asking
- 28%
Based on 123 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Oshawa (Central)
Oshawa (Central) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 5.0/10.
- Rated schools
- 49
- Elementary
- 42
- Secondary
- 7
- Average rating
- 5.0 / 10
Top-rated schools in Oshawa (Central)
- Antonine Maillet — elementary, OshawaFraser rating 9.1/10
- Northern Dancer — elementary, OshawaFraser rating 8.2/10
- Seneca Trail — elementary, OshawaFraser rating 8.1/10
- Coronation — elementary, OshawaFraser rating 7.3/10
- John XXIII — elementary, OshawaFraser rating 6.9/10
- Maxwell Heights — secondary, OshawaFraser rating 6.9/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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