Home with brick exterior material, street for 291 Olive Ave #LOT 6, Oshawa Ontario L1H 2P5
Re-listed 13 days ago

291 Olive Ave #LOT 6, Oshawa, Ontario L1H 2P5

Townhouse
6
4
~2000-2500 sqft
$•••,•••
$1,250,000
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Townhouse
6
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market13 days

Total days on market
46 days

Estimated valueNot available

Price/Sqft$563/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$683K

Median sold price*

*Based on last 30 days

Description

Welcome to 293 Olive Avenue, a well-maintained legal triplex located in Oshawa's 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 - Ideal mix of 1- and 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 Oshawa's 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 idealopportunity 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


Property Details

Style3-Storey
View-
Age of property0-5
SqFt~2000-2500 SqFt
Lot Size3,403 SqFt(100 x 34.03)
Parking Spaces5
MLS ®NumberE12474885
Community NameCentral Oshawa
Data SourceTRREB
Listing bySUTTON GROUP - SUMMIT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Fin W/O

Features

Lot size: 3,403 SqFt

Parking

Garage spaces 5

Garage type Attached

Other parking spaces 0

Total parking spaces 5


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
13 days on market
history photo preview23
Listing by trreb®

Market Data - Central Oshawa

Geo Zone Map ThumbnailCentral Oshawa

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

65 days

Compared to

2024

33 days

2023

10 days

2022

68 days

New Listings

Past 30 days

11 listings

Compared to

2024

6 listings

2023

11 listings

2022

11 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$567,500

Compared to

2024

$682,650

2023

$627,500

2022

$600,000


Population and Demographics

Overview

Total population 23303
Average household income $90,366

Age (%)

0 to 19
20%
20 to 34
23%
35 to 49
19%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
52%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
90%
Others
5%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget