Primary photo of LOT 6 - 291 OLIVE AVENUE N, Oshawa (Central)
1 / 23

Triplex For Sale

$1,089,000

LOT 6 - 291 OLIVE AVENUE N

MLS® Number: E12845230

Bedrooms

6

Bathrooms

4

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater

Basement

Finished, Apartment in basement, Walk out, N/A, N/A

Bathrooms Partial

1

Bathrooms Total

4

Bedrooms Total

6

Cooling

Central air conditioning

Heating

Forced air, Natural gas

Building & Exterior

Building Features

Separate Electricity Meters, Separate Heating Controls

Exterior Features

Brick

Foundation Details

Concrete

Parking Features

Garage, Carport

Stories

3.0

Land & Location

City Region

Central

Frontage Length

34.0 feet

Lot Features

Level

Lot Size Dimensions

34 x 100 FT

Postal Code

L1H2P5

Listing & Financials

Listing Office

SUTTON GROUP - SUMMIT REALTY INC.

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

6

Mortgage Calculator

20% ($217,800)
5.5%
25 Years

Estimated Monthly Payment

$5,350

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List PropertyLOT 6 - 291 OLIVE AVENUE N - Triplex for Sale in Oshawa (Central), Ontario | MLS® E12845230