trreb/IMG-E13808554_5c2ceca3-bfaa-4378-8935-b2cb9b3aa268-l.jpg
21 days on Market

489 DREW St, Oshawa, Ontario L1H 5B8

Townhouse
9
6
~2500-3000 sqft
$999,999
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Townhouse
9
6
~2500-3000 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$366/sqft

Monthly cost

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Description

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


Property Details

Style2-Storey
View-
Age of property0-5
SqFt~2500-3000 SqFt
Lot Size3,868 SqFt(103.12 x 37.51)
Parking Spaces3
MLS ®NumberE13808554
Community NameCentral Oshawa
Data SourceTRREB
Listing byHOMELIFE LANDMARK REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Walk-Up

Features

Lot size: 3,868 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Sep 21, 2026
ListedActive
$999,999
21 days on market
history photo preview2
Listing by trreb®
Property listed by HOMELIFE LANDMARK REALTY INC., Brokerage
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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

14 days

Compared to

2025

62 days

2024

15 days

2023

80 days

New Listings

Past 30 days

13 listings

Compared to

2025

12 listings

2024

10 listings

2023

10 listings

Units sold

Past 30 days

3 units

Compared to

2025

3 units

2024

1 unit

2023

5 units

Median Sold Price

Past 30 days

$751,000

Compared to

2025

$760,000

2024

$600,000

2023

$615,000


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