Personal Pic

Mehdi Teimouri

Broker
Right At Home Realty, Brokerage Independently owned and operated. 1550 16 ave, Richmond Hill , Ontario L4b 3k9 Cell: 647-989-2641Office: 905-695-7888Fax: 905-695-0900

$1,089,000
Available - For Sale
Listing ID: E12845230
291 Olive Avenue North , Oshawa, L1H 2P5, Durham


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.
Price $1,089,000
Taxes: $9665.17
Occupancy: Tenant
Address: 291 Olive Avenue North , Oshawa, L1H 2P5, Durham
Directions/Cross Streets: WILSON RD SOUTH
Rooms: 10
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Apartment, Finished wit
Washroom Type No. of Pieces Level
Washroom Type 1 3 Basement
Washroom Type 2 3 Second
Washroom Type 3 2 Second
Washroom Type 4 3 Third
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 0-5
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Garage Type: Carport
(Parking/)Drive: Available
Drive Parking Spaces: 5
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 0-5
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - SUMMIT REALTY INC.
Personal Picture
Mehdi Teimouri
Broker
Dir:
647-989-2641
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Freehold - Triplex
Area: Durham
Municipality: Oshawa
Neighbourhood: Central
Style: 3-Storey
Lot Size: x 100.00(Feet)
Approximate Age: 0-5
Tax: $9,665.17
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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