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. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
6
Bathrooms
4
Lot
34 x 100 ft
Equipment
Water Heater
Features
Level
Listing Contract Date
2026-03-04
Location Description
WILSON RD SOUTH
# of Parking Spaces
6
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Deck
Transaction Type
For sale
Building
Age
0 to 5 years
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development
Finished
Basement Features
Apartment in basement, Walk out
Basement Type
N/A, N/A (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Carport
Garage
Land
Total Size
34 x 100 FT
Sewer
Sanitary sewer
Size of Irregular Land
34 x 100 FT
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