491 Drew Street, Oshawa, ON L1H 5B8
Central, Oshawa · Near Olive Ave/Ritson Rd S · View map
About this home
OFFER ANYTIME! An excellent opportunity for investors, multi-generational families, or buyers looking to combine residential ownership with rental income. Please refer to the attached Feature Sheet for additional property details.Welcome to this modern, custom-built legal triplex .MAIN FLOOR: Bright and beautifully finished 2-bedroom, 2-bathroom suite. The primary bedroom has been extended to create an oversized and comfortable retreat. Features a modern kitchen with custom cabinetry, large windows providing abundant natural light, and two beautifully crafted stand-up showers. Walk out to a spacious private deck overlooking the fully fenced backyard with mature fruit trees. Private entrance and well-designed living space ideal for families or tenants.SECOND FLOOR: Spacious 3-bedroom, 2-bathroom suite featuring an open-concept kitchen and living area. Large windows throughout provide exceptional natural light. Enjoy a large private balcony with clear, open views. The unit also features its own dedicated furnace, private laundry, and private entrance, offering excellent privacy and convenience.Currently unfinished and offering excellent future potential. A building permit is already in place for the basement, giving the purchaser the option to proceed with the existing approved plans or, subject to municipal approval, revise the permit to suit their own preferred layout and use. Large windows provide strong natural light, making the space well suited for future finishing and additional living or rental accommodation.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 10
- Basement
- Unfinished
- Lot size
- 37.5 x 103.1 ft
- Faces
- East
- Approximate age
- New
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $8,500/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- 60-89 days
- Cross street
- Olive Ave/Ritson Rd S
- Neighbourhood
- Central
More
- Price per sq ft
- ~$469 (at 2,750 sq ft)
- MLS® number
- E14140524
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The home and its surroundings
- Carpet Free
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
491 Drew Street, Oshawa, ON L1H 5B8
Central, Oshawa · Near Olive Ave/Ritson Rd S
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Listing history for 491 Drew Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 491 Drew Street
Answers come straight from this home’s MLS® listing.
How much is 491 Drew Street listed for, and what would it cost each month?
491 Drew Street is listed for $1,288,888. With 20% down ($257,778), the mortgage payment would be roughly $5,199 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,907 a month, all in. That figure is an illustration, not a quote.
Is 491 Drew Street freehold or a condo, and is there a monthly fee?
491 Drew Street is a triplex in Central, Oshawa. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 491 Drew Street have?
491 Drew Street has 5 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 491 Drew Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 491 Drew Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 491 Drew Street?
491 Drew Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 491 Drew Street, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 37.5 x 103.1 ft.
How is 491 Drew Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 491 Drew Street?
Property taxes are $8,500 a year (2025), or about $708 a month.
Where is 491 Drew Street?
491 Drew Street is in the Central community of Oshawa. The nearest main intersection is Olive Ave/Ritson Rd S. The postal code is L1H 5B8.
Is 491 Drew Street still for sale?
Yes. It is an active listing (MLS® E14140524). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 491 Drew Street asking?
Similar properties for sale nearby right now include 489 DREW Street at $1,248,000 (9 bed), 287 Verdun Road at $998,000 (4+1 bed) and 54 Ritson Road S at $980,000 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 491 Drew Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 491 Drew Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Central, picked by style, size and price.
Triplex$1,248,000489 DREW Street, Oshawa9 bed · 6 bath · CentralCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →
Duplex$998,000287 Verdun Road, Oshawa4+1 bed · 3 bath · CentralCourtesy of: THE REALTY MARKET INCView home →
Triplex$980,00054 Ritson Road S, Oshawa3+1 bed · 4 bath · CentralCourtesy of: RE/MAX REALTRON REALTY INC.View home →Courtesy of: HOMELIFE LANDMARK REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.