489 DREW Street
Central · Oshawa, ON L1H 5B8
Listing brokerage: HOMELIFE LANDMARK REALTY INC.
Asking price
$1,248,000
Key facts
- MultiplexProperty type
- 9Bedrooms
- 6Bathrooms
- 3 spacesParking
- 2,750 sq ftLiving space
- 37.51 ftLot frontage
- Nov 2, 2026Listed
- 7 daysOn market
- E14140620MLS® number
About this home
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
Price history
- Listed$1,248,000
Location
489 DREW Street, Oshawa
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- St Hedwig Catholic SchoolDurham CDSB · Elementary · 797 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Monsignor John Pereyma Catholic Secondary SchoolDurham CDSB · Secondary · 828 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Monsignor John Pereyma Elementary Catholic SchoolDurham CDSB · Elementary · 828 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
Lines nearby: 88, 407, N2
- Ritson Southbound @ McNaughtonDurham Region Transit · 196 m in a straight line · about 2 min walk (estimate) · 407, N2
- Dean Westbound @ RitsonDurham Region Transit · 230 m in a straight line · about 3 min walk (estimate) · 407
- First Ave. @ Front St. Park & RideGO Transit · 327 m in a straight line · about 4 min walk (estimate) · 88
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
- Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service.
- Contains public sector information made available under The Regional Municipality of Durham's Open Data Licence.
MLS® #E14140620
Last updated Nov 2, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.



