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Royal LePage
Royal LePage
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$1,250,000

Oshawa ON, L1H 2P5

MLS® # E12474881

Property Information:

Welcome to 293 Olive Avenue, a well-maintained legal triplex located in Oshawas 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 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 Turnkey Investment Tenanted, and one unit is vacant.Income Potential With Oshawas 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:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.1 Feet
  • Lot Frontage: 34.0 Feet
  • Lot Size: 34 x 100.1 FT
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 5

Courtesy of: SUTTON GROUP - SUMMIT REALTY INC.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 293 OLIVE AVENUE, Oshawa, Ontario, L1H 2P5

Demographic Information of 293 OLIVE AVENUE, Oshawa, Ontario, L1H 2P5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,303.13

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.73 %

High school certificate or equivalent

37.87 %

Apprenticeship trade certificate/diploma

6.75 %

College/non-university certificate

28.0 %

University certificate (below bachelor)

0.5 %

University Degree

7.15 %

Commuter

Travel To Work

By Car

83.2 %

By Public Transit

5.31 %

By Walking

8.38 %

By Bicycle

0.0 %

By Other Methods

3.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.9 %

Houses

92.1 %

Own Vs. Rent

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