
489 Drew Street
Oshawa (Central), ON L1H 5B8
- 9Bedrooms
- 6Bathrooms
- 3Parking
- 2500–3000Sq Ft
- $8,500Tax
- 38×103 ftLot Size
- Free EstimateSee Free Estimate Report

Sale & Price History for 489 Drew Street, Oshawa, Central
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 489 Drew Street, Oshawa, Central
Summarized Description
- Spacious triplex with three self-contained units
- Each unit has private entrance and laundry
- Strong rental potential, ideal for students
- Oversized balcony and deck for outdoor space
- Located near transit, shopping, and schools
- Future redevelopment opportunities available
- Abundant natural light throughout the property
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
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,500
- Land Transfer Tax Fee
- $16,475
Rental Items
- Rental Equipment
- HOT WATER TANKS EACH $42+APPLICABLE HST
- Basement Type
- Apartment, Walk-Up, Separate Entrance, Finished
Interior Features
- Interior Extras
- Carpet Free
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 0-5
Construction
- Exterior Finish
- Other
- Roof
- Flat
- Foundation Details
- Insulated Concrete Form
- Special Designation
- Unknown
Lot
- Lot Front
- 37.51 ft
- Lot Depth
- 103.12 ft
Inclusions
- Inclusions
- 3 FRIDGES, 3 FREEZERS, 3 MICROWAVES, 3 SET OF LAUNDRY, 3 STOVE, ALL WINDOW COVERNGS
Exclusions
- Exclusions
- THE SELLER IS WILLING TO SELL THE FURNITURES.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 9
- Washrooms
- 6
- Kitchens
- 3
- Family / bonus room
- Yes
Washrooms
- 3-piece, Main
- 3-piece, Main
- 3-piece, Second
- 3-piece, Second
- 3-piece, Basement
- Municipality
- Oshawa
- Neighbourhood
- Central
- Main cross streets
- Olive Ave/Ritson Rd S
- Directions
- Bloor St E & Drew St - North on Drew St to 489 Drew St
- MLS® number
- E13808554
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-21
- Updated on
- 2026-10-12
- Days on market
- 24 days
- Possession date
- 2026-12-31
- Possession type
- 60-89 days
- Co-op commission
- 2.5%
- Seller
- Listed by
- HOMELIFE LANDMARK REALTY INC.
Home Market Value
Current home valuation for 489 Drew Street, Oshawa, Central, Oshawa, ON. Listed for $999,999
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 489 Drew Street, Oshawa, Central
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $499,999 over $500K
$75,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $37,000 | $27,900 | $23,800 | $0 |
=Total mortgage | $961,999 | $927,899 | $873,799 | $799,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,697monthly | $4,530monthly | $4,266monthly | $3,906monthly |
Land Transfer Tax
$16,475
$16,475
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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