- Bedrooms
- 9
- Bathrooms
- 6
- Size
- 2,500–3,000sq ft
- Per sq ft
- $454at the range’s middle
- Lot
- 37.51 x 103.12 ft
- Tax a year
- $8,5002025 tax year
- Built
- 0-5
- Parking
- 3none
- Days on market
- Members
The brief
About 489 DREW St
489 DREW St is a 9-bedroom, 6-bathroom triplex in Central, Oshawa, listed for sale at an asking price of $1,248,000 (MLS® E14140620).
OFFER ANYTIME! 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
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,500 / 2025
- MLS® number
- E14140620
- Board
- TRREB MLS®
- Property Type
- Triplex
- Building Age
- 0-5
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 37.51 x 103.12 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- Central
- Municipality
- Oshawa
Building
- Size
- 2500-3000 sqft
- Building Age
- 0-5
- Construction
- Other
Inside
- Bedrooms
- 9
- Bathrooms
- 6
- Bathroom Details
- 1 × 3pc Main, 1 × 3pc Main, 1 × 3pc 2nd, 1 × 3pc 2nd, 2 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 3
Parking
- Driveway
- Available
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 37.51 ft
- Depth
- 103.12 ft
- Lot Size
- 37.51 x 103.12 ft
Additional
- Foundation
- Insulated Concrete Form
- Roof
- Flat
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- MAIN FLOOR: Original floor plan features 3 bedrooms and 2 bathrooms, large windows, and a bright interior filled with natural light. Walk out to a spacious deck overlooking the fully fenced backyard. The main floor is currently configured with 5 bedrooms, providing excellent flexibility and rental potential.SECOND FLOOR: Spacious and bright upper-level suite featuring 3 bedrooms and 2 bathrooms, large windows throughout, and a huge private balcony with clear, open views. Includes its own private laundry and dedicated furnace. The second floor is currently configured with 5 bedrooms.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 489 DREW St, Oshawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,248,000 | N/A | For Sale | E14140620 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $249,600
- Total mortgage amount
- $998,400
- Total interest payment
- $709,800
- Total purchase cost
- $1,957,800
- Mortgage payment
- $5,694/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$6,402- Rent $0
- Shortfall $6,402
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $21,435
- Total land transfer tax
- $21,435
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $17,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,248,000
- $16,960
- Ontario total
- $21,435
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,868 sq ft359 m²
- Street frontage
- 37.51 ft11.4 m
- Depth
- 103.12 ft31.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m32 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 4.4 km4.4 km
Province of Ontario open data
Around the home2
- Nearest rail line: 240 m240 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is A.G. Simpson Automotive Inc. — OSHAWA PLANT, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Oshawa PUC Networks Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Ruralwave, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Central Lake Ontario Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Durham College Oshawa GO | GO Transit train: Lakeshore East | 3.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Hedwig Catholic SchoolDurham CDSB | Catholic · grades JK–6 | 850 m | 67%Grade 6 average |
| Village Union Public SchoolDurham DSB | Public · grades JK–8 | 1 km | 48%Grade 6 average |
| David Bouchard Public SchoolDurham DSB | Public · grades JK–8 · French Immersion | 1 km | 53%Grade 6 average |
| ÉÉC Corpus-ChristiConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.6 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Monsignor John Pereyma Catholic Secondary SchoolDurham CDSB | Catholic · grades 9–12 | 900 m | 38%Grade 9 math |
| O'Neill Collegiate and Vocational InstituteDurham DSB | Public · grades 9–12 | 2.5 km | 49%Grade 9 math |
| G L Roberts Collegiate and Vocational InstituteDurham DSB | Public · grades 9–12 | 3 km | 20%Grade 9 math |
| ÉSC Saint-Charles-GarnierConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.3 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Central are shown to signed-in members.