491 DREW STREET
Toronto · L1H5B8
$1,498,000
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
Estimated monthly payment
$7,006/mo
Loan amount
$1,198,400
Down payment
$299,600
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 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.
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