491 Drew Street, Oshawa, ON

$1,250,000
MLS#:E12882310
5 beds
4 baths
2500-3000 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Central. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,250,000 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 37.5 x 103.12 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Introducing 491 Drew St, A Rare, Revenue-Ready Investment in a High-Growth Corridor. Amazing and versatile new build, ideal for multi-family living, investors, or those who want to live in one unit while letting the others pay the mortgage. This legal duplex offers two fully finished above grade units and a basement approved for a third unit, with rough-ins for a kitchen and bathroom. Plans, drawings, and permit for the third unit are available , check out the plans and drawing for all the details. Half the basement can be used to expand the main floor, add a 2-bedroom, or even a possible 4-apartment setup with city approval, giving flexibility to maximize income or living space. Constructed with NewTech wood plastic composite and concrete cladding, paired with an insulated concrete forms foundation, the home offers superior durability, insulation, and soundproofing.Each main unit has private entrances, separate utilities, individual HVAC systems, and two full bathrooms. Carpet free interiors, gas forced air heating, and central air conditioning make it comfortable and low maintenance.Situated minutes from Highway 401, the Oshawa GO Station, schools, shopping, and parks, this property is in one of Durham Region's fastest growing areas. Approximately 3,500 sq ft, three parking spaces, private outdoor decks, and landscaped outdoor spaces complete this exceptional investment. Click More information to view Video, Feature sheet, Floor Plan and 3D Tour.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date3/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionOther
BasementUnfinished
Lot Size37.5 × 103.12 Feet
CountyDurham
Annual Tax$8,507
Legal DescriptionPART LOTS 161 AND 162 PLAN 148 OSHAWA, PART 2 40R31639 CITY OF OSHAWA

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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491 Drew Street, Oshawa, ON
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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 491 Drew Street, Oshawa, ON L1H 5B8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,000,000
Monthly Mortgage$5,810
Property Tax (Est.)$709
Utilities & Maint.$350
Total Monthly Cost$6,869

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.

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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$632,465

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%

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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.