$999,999
Est. payment $4,428/moCalculate yours
491 Drew Street, Oshawa, ON L1H 5B8
Central, Oshawa, ON L1H 5B8
- 5 Beds
- 4 Baths
- 2,500 Sq Ft
Listing courtesy of HOMELIFE LANDMARK REALTY INC. MLS® E13808522
About this home
An excellent opportunity for investors, multi-generational families, or buyers looking to combine residential ownership with rental income. Please refer to the attached Feature Sheet for additional property details.Welcome to this modern, custom-built legal triplex .MAIN FLOOR: Bright and beautifully finished 2-bedroom, 2-bathroom suite. The primary bedroom has been extended to create an oversized and comfortable retreat. Features a modern kitchen with custom cabinetry, large windows providing abundant natural light, and two beautifully crafted stand-up showers. Walk out to a spacious private deck overlooking the fully fenced backyard with mature fruit trees. Private entrance and well-designed living space ideal for families or tenants.SECOND FLOOR: Spacious 3-bedroom, 2-bathroom suite featuring an open-concept kitchen and living area. Large windows throughout provide exceptional natural light. Enjoy a large private balcony with clear, open views. The unit also features its own dedicated furnace, private laundry, and private entrance, offering excellent privacy and convenience.Currently unfinished and offering excellent future potential. A building permit is already in place for the basement, giving the purchaser the option to proceed with the existing approved plans or, subject to municipal approval, revise the permit to suit their own preferred layout and use. Large windows provide strong natural light, making the space well suited for future finishing and additional living or rental accommodation.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- New
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Other
- Foundation
- Insulated Concrete Form
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 37.5 x 103.12 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $8,500 (2026)
Location
- Neighbourhood
- Central
- Cross Street
- Olive Ave/Ritson Rd S
- Direction Faces
- East
Listing
- MLS® Number
- E13808522
- Days on Market
- 27
- Listed On
- 2026-09-21
- Possession
- TBA
- Listed By
- HOMELIFE LANDMARK REALTY INC.
Features
Interior
- Carpet Free
Pool
- None
- Included
- 2*Stove, 2*Fridge, 2*Dishwasher, 2*Washer and Dryer
- Excluded
- For the first-floor unit, the refrigerator, electric stove, and washer will be replaced withSamsung-branded appliances
Mortgage calculator
Estimated mortgage payment
$4,428 per month
- Principal and interest
- $4,428
- Property tax
- $708
- Condo fees
- $0
- Estimated monthly cost
- $5,136
Your mortgage
- Mortgage amount
- $799,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $528,334
Cash to close
- Down payment
- $200,000
- Land transfer tax
- $16,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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