293 OLIVE AVENUE
Toronto · L1H2P5
$1,225,000
About this residence
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 (id:61366)
Property details
- Property type
- Multi-family
- Style
- Triplex
- Bedrooms
- 6 (6 above)
- Bathrooms
- 4 (1 half)
- Storeys
- 3
- Living area
- 2,000–2,500 sq ft
- Lot size
- 34 x 100.1 FT
- Frontage
- 34 feet
- Parking
- 5 spaces
- Annual tax
- $9,665
- MLS®
- E12474881
- Board
- Toronto
- Status
- Inactive
- Listed
- Oct 21, 2025
- Updated
- Dec 5, 2025
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Water Heater
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Finished
- Walk out
- Apartment in basement
Exterior
- Brick
Foundation
- Concrete
Parking
- Attached Garage
- Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$5,729/mo
Loan amount
$980,000
Down payment
$245,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L1H- 32,298
- Population
- 41
- Median age
- $73,500
- Median income
- $600,000
- Median home value
- 59%
- Home ownership
- 31 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 293 OLIVE AVENUE?
293 OLIVE AVENUE is listed for $1,225,000, in Toronto.
How many bedrooms and bathrooms does 293 OLIVE AVENUE have?
It offers 6 bedrooms and 4 bathrooms (including 1 half-bath).
What type of home is 293 OLIVE AVENUE?
293 OLIVE AVENUE is a Multi-family, Triplex set over 3 storeys.
How large is 293 OLIVE AVENUE?
The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 34 x 100.1 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $5,729. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $9,665 per year.
Is there parking?
Yes — 293 OLIVE AVENUE includes 5 parking spaces.
What is the Toronto area like?
Toronto has a population of about 32,298, a median age of 41, a 59% home-ownership rate, with an average commute of about 31 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $73,500.
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