LOT 6 - 291 OLIVE AVENUE N, Oshawa (Central), Ontario, L1H2P5
MLS: E12845230 | Triplex
$1,089,000
Property Description
Welcome to 291 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 Turn key 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 ideal opportunity 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. (id:64974)
Quick Facts
- Property Type: Triplex
- Bedrooms: 6 (6 above)
- Bathrooms: 4 (1 half)
- Attached: Yes
- Parking: 6 spaces (Garage, Carport)
- Frontage: 34 ft (10.4 m)
Costs
- Annual Taxes: $9,665.17
Listing Provided by: SUTTON GROUP - SUMMIT REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, Apartment in basement, Walk out, N/A, N/A
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Exterior & Construction
- Exterior: Brick
- Foundation: Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 34 ft (10.4 m)
- Features: Level
Community & Neighbourhood
- Building: Separate Electricity Meters, Separate Heating Controls
- Neighbourhood: Central
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for LOT 6 - 291 OLIVE AVENUE N, Oshawa (Central), Ontario, L1H2P5
Location & Neighborhood
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