$1,498,000Asking Price
491 Drew Street, Oshawa, ON L1H 5B8
Central, Oshawa
Brand-new legal triplex in Central Oshawa! This custom-built masterpiece showcases exceptional craftsmanship and premium materials, offering durability, efficiency, and modern appeal. Exterior features NewTech Wood-Plastic Composite and Concrete construction, combining sleek aesthetics with long-lasting performance. Two spacious, self-contained units are already complete, each featuring private entrances, separate meters, individual HVAC systems and two full washrooms. The third basement unit is fully approved and ready to finish, with rough-ins for a kitchen and bathroom, full ceiling height, and a separate side entrance, seller willing to finish the basement unit, providing an excellent opportunity to maximize rental income. Built with Insulated Concrete Forms foundation, superior soundproofing, private decks/balcony, a landscaped yard, and three dedicated parking spaces. Situated minutes from Hwy 401, the upcoming GO Station, and everyday amenities, this property combines immediate rental income with strong long-term growth potential in a rapidly developing, transit-oriented neighbourhood. Above-grade area: approximately 3,000 sq. ft. Total livable area (including basement unit): approximately 3,500 sq. ft. Potential rental income of approximately $9,000 per month if all three units are rented. PLEASE SEE THE ATTACHED FEATURE SHEET FOR MORE INFORMATION.
Brand-new legal triplex in Central Oshawa! This custom-built masterpiece showcases exceptional craftsmanship and premium materials, offering durability, efficiency, and modern appeal. Exterior features NewTech Wood-Plastic Composite and Concrete construction, combining sleek aesthetics with long-lasting performance. Two spacious, self-contained units are already complete, each featuring private entrances, separate meters, individual HVAC systems and two full washrooms. The third basement unit is fully approved and ready to finish, with rough-ins for a kitchen and bathroom, full ceiling height, and a separate side entrance, seller willing to finish the basement unit, providing an excellent opportunity to maximize rental income. Built with Insulated Concrete Forms foundation, superior soundproofing, private decks/balcony, a landscaped yard, and three dedicated parking spaces. Situated minutes from Hwy 401, the upcoming GO Station, and everyday amenities, this property combines immediate rental income with strong long-term growth potential in a rapidly developing, transit-oriented neighbourhood. Above-grade area: approximately 3,000 sq. ft. Total livable area (including basement unit): approximately 3,500 sq. ft. Potential rental income of approximately $9,000 per month if all three units are rented. PLEASE SEE THE ATTACHED FEATURE SHEET FOR MORE INFORMATION.
See MoreKey Info
- 2-Storey Triplex
- 3 Parking
- No Garage
- Olive Ave/Ritson Rd S
- 2500-3000 Approximate Sq Feet
- Newly Built
- 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 $8,500 in 2024
- Possession: Immidiate
Details
- Fireplace
- 2 Kitchens
- MLS #E12501732
- HOUSESIGMA INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
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.
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.
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
2.3% from UK
All-time
Birthplace - Recent
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% |
