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Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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489 DREW Street, Oshawa, ...

Durham, L1H 5B8
  • 2500-3000 Sq-Ft
  • 9 Bedrooms
  • - Garage
  • 6 Bathroom
Start From
$ 1,248,000

Descripation

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

Essential Information

  • Price: $1248000
  • For: Residential Freehold
  • Property Types: Triplex
  • Area: 2500-3000 SQFT
  • Country:
  • City: Oshawa
  • Garages:
  • Bedrooms: 9
  • Bathrooms: 6
  • Fronting On: East
  • Listing ID: E14140620
  • Cross Street: Olive Ave/Ritson Rd S
  • Annual Property Tax: $ 8500
  • Lot Size:
  • Listing Brokerage: HOMELIFE LANDMARK REALTY INC.

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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