Residentiae.
For Sale · Toronto

491 DREW STREET

Toronto · L1H5B8

$1,498,000

5Bedrooms
4Bathrooms
3Parking
2,500Sq Ft
2Storeys

About this residence

Brand-new legal triplex in Central Oshawa! This custom-built masterpiece showcases exceptional craftsmanship and premium materials, offering durability, efficiency, and modern appeal. Exterior features NewTech Wood-Plastic Composite and Concrete construction, combining sleek aesthetics with long-lasting performance. Two spacious, self-contained units are already complete, each featuring private entrances, separate meters, individual HVAC systems and two full washrooms. The third basement unit is fully approved and ready to finish, with rough-ins for a kitchen and bathroom, full ceiling height, and a separate side entrance, seller willing to finish the basement unit, providing an excellent opportunity to maximize rental income. Built with Insulated Concrete Forms foundation, superior soundproofing, private decks/balcony, a landscaped yard, and three dedicated parking spaces. Situated minutes from Hwy 401, the upcoming GO Station, and everyday amenities, this property combines immediate rental income with strong long-term growth potential in a rapidly developing, transit-oriented neighbourhood. Above-grade area: approximately 3,000 sq. ft. Total livable area (including basement unit): approximately 3,500 sq. ft. Potential rental income of approximately $9,000 per month if all three units are rented. PLEASE SEE THE ATTACHED FEATURE SHEET FOR MORE INFORMATION. (id:61366)

Property details

Property type
Multi-family
Style
Triplex
Bedrooms
5 (5 above)
Bathrooms
4
Storeys
2
Living area
2,500–3,000 sq ft
Lot size
37.5 x 103.1 FT
Frontage
37.6 feet
Parking
3 spaces
Fireplace
Yes
Annual tax
$8,500
MLS®
E12501732
Board
Toronto
Status
Inactive
Listed
Nov 3, 2025
Updated
Dec 15, 2025

Features & finishes

Appliances

  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Basement

  • Unfinished

Foundation

  • Insulated Concrete Forms

Parking

  • No Garage

Lot

  • Carpet Free

Sewer & Utilities

  • Sanitary sewer

Financing

Mortgage calculator

Estimated monthly payment

$7,006/mo

Amortization

Loan amount

$1,198,400

Down payment

$299,600

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

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

0–14
15%
15–24
10%
25–44
29%
45–64
28%
65+
18%

Tenure

59% owners41% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 491 DREW STREET?

491 DREW STREET is listed for $1,498,000, in Toronto.

How many bedrooms and bathrooms does 491 DREW STREET have?

It offers 5 bedrooms and 4 bathrooms.

What type of home is 491 DREW STREET?

491 DREW STREET is a Multi-family, Triplex set over 2 storeys.

How large is 491 DREW STREET?

The home offers approximately 2,500–3,000 sq ft of living space on a lot measuring 37.5 x 103.1 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 $7,006. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $8,500 per year.

Is there parking?

Yes — 491 DREW STREET includes 3 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.

Private viewings

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