





291 Olive Avenue, Central
Price
$1,250,000
Bedrooms6 Beds
Bathrooms4 Baths
Size2000-2500 sqft
Year Built0-5
Property TypeHouse
Property Taxes$9665
Maintenance FeesNot listed
Description
Welcome to 293 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 Turnkey 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 idealopportunity 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
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The Property Location
Mortgage Calculator
Total Monthly Payment
$5,296 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,000,000
Total Interest Payments
$616,561
Total Payment (Principal + Interest)
$1,616,561
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Jess Whitehead
Sales Representative

Meet Jess Whitehead
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.
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