291 Olive Avenue, Oshawa, ON

$1,089,000
MLS#:E12845230
6 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable ["3-Storey"] triplex located in the coveted neighborhood of Central. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,089,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 4 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 34.03 x 100 ft lot
  • Features a ["apartment", "finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
3
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 1, 2026
Sold price information is available to members only
Listed Date3/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size34.03 × 100 Feet
CountyDurham
Annual Tax$9,665.17
Legal DescriptionPLAN 209 LOT 6

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

Initializing map...
291 Olive Avenue, Oshawa, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 291 Olive Avenue N LOT 6, Oshawa, ON L1H 2P5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$871,200
Monthly Mortgage$5,062
Property Tax (Est.)$805
Utilities & Maint.$350
Total Monthly Cost$6,217

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Oshawa.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central, Oshawa.

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$638,069

People & Families

Age Distribution

Household Composition

One-person households
21%
Families with children
53%
Couples without children
26%
Other households
0%

Top Ethnic Origins

English23%
Scottish18%
Irish18%
Canadian16%

Local Schools Guide

Elementary Schools

St Hedwig
Public421 Olive Avenue, Oshawa, Ontario, L1H 2R2
0.9
David Bouchard
Public460 Sedan Crescent, Oshawa, Ontario, L1H 6C9
3.0
Clara Hughes
Public610 Taylor Avenue, Oshawa, Ontario, L1H 2E7
4.2
Village Union
Public155 Gibb Street, Oshawa, Ontario, L1J 1Y4
3.8
Mary Street Community
Public110 Mary Street North, Oshawa, Ontario, L1G 7S2
3.1

Secondary Schools

Monsignor John Pereyma
Public316 Conant Street, Oshawa, Ontario, L1H 3S6
5.6
O’Neill
Public301 Simcoe Street North, Oshawa, Ontario, L1G 4T2
5.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.