$1,089,000
FOR SALE

Triplex 3-Storey

Bedrooms: 6Bathrooms: 4Lot: 34.03 x 100 ft
2025 Taxes: $9,665.17

291 Olive Ave N #LOT 6
Oshawa, ON L1H 2P5 | Central | 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.
Extras
Separate Heating Controls, Separate Hydro Meter, Water Heater
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Listed By SUTTON GROUP - SUMMIT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E12845230
Last Updated Apr 20, 2026
Property Summary
Property Type Triplex

More like this:
Legal Description PLAN 209 LOT 6
Possession Date TENANT/VACANT
Taxes (2025) $9,665.17
Directions/Cross Streets WILSON RD SOUTH
Neighbourhood Central
Area Durham
Price History

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
Fronting On North
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Lot 34.03 x 100 ft
Exterior Brick
Air Conditioning Central Air
Basement Apartment, Finished with Walk-Out
Garage Type Carport
Garage/Park Spaces Y
Parking Spaces 5
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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