Price
$1,299,000
Bedrooms6 Beds
Bathrooms4 Baths
Size2000-2500 sqft
Year Built0-5
Property TypeHouse
Property Taxes$9665
Maintenance FeesNot listed
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
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Dimensions
0' × 0'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$5,472 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,039,200
Total Interest Payments
$640,731
Total Payment (Principal + Interest)
$1,679,931
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
A scenic township encompassing rural communities, agricultural lands, and beautiful waterfront properties around Lake Scugog
Explore Today
Known as the Trail Capital of Canada, featuring extensive hiking networks, historic downtown, and strong arts community
Explore Today
A dynamic city combining industrial heritage with modern amenities, featuring universities, shopping centers, and waterfront trails
Explore Today
A growing community with historic downtown, modern amenities, and beautiful harbor front, perfect for families and professionals
Explore Today
A diverse waterfront community offering modern amenities, extensive recreational facilities, and excellent transportation links
Explore Today
A vibrant city featuring waterfront trails, conservation areas, and diverse neighborhoods with easy access to Toronto
Explore Today
A peaceful rural city known for its friendly atmosphere, agricultural heritage, and tight-knit community spirit
Explore Today
A picturesque waterfront region featuring over 250 lakes, known for its outdoor recreation, scenic beauty, and welcoming small-town charm
Explore Today