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$650,000Asking Price

283 Jarvis Street, Oshawa, ON L1G 5K8

O'Neill, Oshawa

Triplex
3
Bedrooms
3
Baths
2
Parking
Days on Market

Welcome to this fully registered legal triplex in the heart of Oshawa, offering an incredible investment opportunity with three well-maintained one-bedroom units. Situated in a desirable neighbourhood close to Costco, shopping centres, transit, and all major amenities, this property is perfect for investors or those looking to live in one unit while generating rental income. Each unit is separately metered for hydro, ensuring tenants pay their own utilities, which maximizes your net income. The property also features a shared laundry facility in the basement, adding convenience and appeal for tenants. The main floor unit is currently vacant, offering immediate occupancy for a new tenant or owner-user, while the upper units are occupied by long-term, reliable tenants, providing steady rental income from day one. With its legal status registered with the City of Oshawa, you can invest with confidence, knowing the property meets all necessary zoning and bylaw requirements. The triplex sits on a well-maintained lot with ample parking and easy access to schools, parks, and major highways. Opportunities like this don't come often whether you're a seasoned investor or just entering the rental market, this is a fantastic chance to own a cash-flowing property in a prime location!

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Welcome to this fully registered legal triplex in the heart of Oshawa, offering an incredible investment opportunity with three well-maintained one-bedroom units. Situated in a desirable neighbourhood close to Costco, shopping centres, transit, and all major amenities, this property is perfect for investors or those looking to live in one unit while generating rental income. Each unit is separately metered for hydro, ensuring tenants pay their own utilities, which maximizes your net income. The property also features a shared laundry facility in the basement, adding convenience and appeal for tenants. The main floor unit is currently vacant, offering immediate occupancy for a new tenant or owner-user, while the upper units are occupied by long-term, reliable tenants, providing steady rental income from day one. With its legal status registered with the City of Oshawa, you can invest with confidence, knowing the property meets all necessary zoning and bylaw requirements. The triplex sits on a well-maintained lot with ample parking and easy access to schools, parks, and major highways. Opportunities like this don't come often whether you're a seasoned investor or just entering the rental market, this is a fantastic chance to own a cash-flowing property in a prime location!

Key Info

  • 3-Storey Triplex
  • 2 Parking
  • No Garage
  • Ritson Rd & Adelaide
  • 1100-1500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,509 in 2024
  • Possession: Immediate

Details

  • Aluminum Siding/Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #E12071366
  • TFG REALTY LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Ground 9.61' x 8.69' Backsplash, Open Concept, Walkout To Yard
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

O'Neill, Oshawa is an east GTA neighbourhood notable for its singles, renters, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74 and 65 to 74.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Oshawa  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

53% of residents are
single and loving it.

53% singles

Oshawa (47%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

41% of residents
are renters.

41% renters

Oshawa (32%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

17% of residents are
university grads.

17% university grads

Oshawa (19%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$80K

is the average household
income in the neighbourhood.

Oshawa  ($99K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 17%
Trades 9%
Business 8%
Government 7%
Management 5%

Immigrants

12% of residents were
born outside of Canada.

12% immigrants

Oshawa (18%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 2.5% of immigrants.
Caribbean 1.6%
India 0.6%
USA 0.6%
Germany 0.5%

2.5% from UK
All-time

Birthplace - Recent

India was once home to 0.2% of immigrants.
Egypt 0.2%
Romania 0.2%
UK 0.1%
Ukraine 0.1%

0.2% from India
Recent

Foreign Languages

Foreign Languages

French 2%
Polish 1%
German 1%
Italian 1%
Arabic 1%

Religions

Religions

Christian 68%
Jewish 1%