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$1,299,000Asking Price

293 Olive Avenue, Oshawa, ON L1H 2P5

Central, Oshawa

Triplex
6
Bedrooms
4
Baths
5
Parking
Day on Market

Welcome to 293 Olive Avenue, a well-maintained legal triplex located in Oshawas high-demand Central community. This property is perfect for investors or house-hackers looking for positive cash flow and strong long-term appreciation potential.Key Features Three Separate Units 2-bedroom suites to attract quality tenants Separate Entrances & Utilities Privacy and convenience for each tenant Updated Interiors Bright kitchens, modern flooring, and neutral finishes On-site Parking Enough for multiple vehicles Turnkey Investment Tenanted, and one unit is vacant.Income Potential With Oshawas rental demand at an all-time high, this property offers strong monthly rental income and room to grow. Whether you choose to live in one unit and rent the others, or rent all three for maximum return, this is a cash-flowing asset from day one Location Highlights Central Oshawa Close to downtown, shopping, restaurants, and parks Steps to transit, quick access to 401 for commuters Near Ontario Tech University, Durham College, and major employers consistent rental demand Walking distance to schools and community amenities Why Invest Here?Oshawa is one of the fastest-growing cities in Durham Region, attracting students, young professionals, and families. Properties like this are in short supply, making this an ideal opportunity to secure a high-yield multi-unit investment with potential for long-term appreciation.Perfect For: Investors seeking stable monthly cash flow First-time buyers looking to offset mortgage costs with rental income Extended families wanting separate spaces under one roof

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Tour this home:

Welcome to 293 Olive Avenue, a well-maintained legal triplex located in Oshawas high-demand Central community. This property is perfect for investors or house-hackers looking for positive cash flow and strong long-term appreciation potential.Key Features Three Separate Units 2-bedroom suites to attract quality tenants Separate Entrances & Utilities Privacy and convenience for each tenant Updated Interiors Bright kitchens, modern flooring, and neutral finishes On-site Parking Enough for multiple vehicles Turnkey Investment Tenanted, and one unit is vacant.Income Potential With Oshawas rental demand at an all-time high, this property offers strong monthly rental income and room to grow. Whether you choose to live in one unit and rent the others, or rent all three for maximum return, this is a cash-flowing asset from day one Location Highlights Central Oshawa Close to downtown, shopping, restaurants, and parks Steps to transit, quick access to 401 for commuters Near Ontario Tech University, Durham College, and major employers consistent rental demand Walking distance to schools and community amenities Why Invest Here?Oshawa is one of the fastest-growing cities in Durham Region, attracting students, young professionals, and families. Properties like this are in short supply, making this an ideal opportunity to secure a high-yield multi-unit investment with potential for long-term appreciation.Perfect For: Investors seeking stable monthly cash flow First-time buyers looking to offset mortgage costs with rental income Extended families wanting separate spaces under one roof

Key Info

  • 3-Storey Triplex
  • 4+ Parking
  • Attached Garage
  • WILSON ROAD SOUTH
  • 2000-2500 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $9,665 in 2025
  • Possession: 1 unit vacant

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #E12417234
  • SUTTON GROUP - SUMMIT REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Central, Oshawa is an east GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34, 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

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

Singles

60% of residents are
single and loving it.

60% singles

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

Renters

52% of residents
are renters.

52% renters

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

Education

11% of residents are
university grads.

11% university grads

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

Income

Average Household Income

$64K

is the average household
income in the neighbourhood.

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

Professions

Professions

Sales 14%
Trades 13%
Business 7%
Government 5%
Management 4%

Immigrants

14% of residents were
born outside of Canada.

14% immigrants

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

Birthplace - All

UK was once home to 2.3% of immigrants.
Caribbean 1.3%
Poland 0.8%
Philippines 0.8%
Jamaica 0.8%

2.3% from UK
All-time

Birthplace - Recent

India was once home to 0.3% of immigrants.
Philippines 0.3%
UK 0.2%
Other South America 0.2%
Pakistan 0.1%

0.3% from India
Recent

Foreign Languages

Foreign Languages

French 2%
Polish 2%
Portuguese 1%
Italian 1%
Urdu 1%

Religions

Religions

Christian 62%
Muslim 2%