1056 Ravine Road

1056 Ravine Road, Oshawa, ON L1H 4C8
1 Months Back Posted
Sell

$799,000

Overview

Type:

Triplex

Area:

2000-2500 sq ft (Living Area)

Beds:

5 Bedrooms

Baths:

3 Bathrooms

Furnished:

No

Parking:

None

Rarely offered triplex on an exceptional ravine lot, now offered at an attractive new price! With 70 feet of frontage and a lot depth exceeding 300 feet, backing onto Oshawa Creek, this income-producing property offers privacy, green space, and a setting rarely found in today's market. The building features three self-contained units with separate hydro meters, dedicated storage lockers, private entrances, coin-operated laundry, and parking for approximately 5-6 vehicles. The main and upper units each offer two bedrooms and private balcony space overlooking the expansive backyard, while the lower unit offers a spacious one-bedroom layout. Originally renovated in 2016, the property features updated kitchens, bathrooms, flooring, windows, and mechanical systems. Each unit is equipped with a refrigerator, stove, microwave hood fan, and dishwasher (excluding the lower unit). Additional income is generated through the on-site coin-operated laundry facilities. What truly sets this property apart is the lot itself. Backing onto Oshawa Creek, the property offers a level of privacy and outdoor enjoyment rarely found in income-producing properties. Tenants enjoy access to a massive backyard with room to relax, entertain, garden, and play, all while being surrounded by nature. Two storage sheds are also located at the rear of the property. Conveniently located close to Highway 401, public transit, shopping, parks, schools, and Lake Ontario, this is an exceptional opportunity for investors seeking immediate positive cash flow and long-term upside. Now offered at an attractive new price, this property represents compelling value in today's market. Detailed investment package available, including virtual tour, floor plans, room measurements, operating expenses, and cash flow analysis.

Property Units

5 Bedrooms

1 Unit
  • $799,000 3 Baths 2000-2500 sq ft (Living Area) Jun 15th 2026

Property Details

  • Property Type: Residential Freehold
  • Property Sub Type: Triplex
  • Lease Terms: N/A
  • Parking Spots: 6
  • Short Term: No
  • Furnished: No
  • Year Built: N/A
  • # of Floors: N/A
  • # of units: 1
  • MLS: E13449552

Features

Carpet Free
Separate Hydro Meter
Storage Area Lockers
Private
None

Nearby Amenities

  • Schools
  • Bus Stations
  • Restaurants
  • Pharmacies
  • Gyms
  • Supermarkets
  • Hospitals
  • Parks
  • Cafes
  • Convenience Stores
  • Gas Stations
  • Laundromats
  • Bars
  • Banks

May lee

Sales Representative At Right At Home Realty

Request A Tour

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Address

1550 16th Ave, Suite: 3 & 4, Richmond Hill, Ontario, L4B 3K9, Canada