1056 Ravine Road

ActiveOshawa · Lakeview51 days on marketMLS® E13449552
$799,000
$400 / sq ft
Bedrooms5
Bathrooms3
Interior2,000 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market51

About this property

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberE13449552
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size2,000 sq ft
Beds / Baths5 bed · 3 bath
NeighbourhoodLakeview
CityOshawa
Postal CodeL1H 4C8
ProvinceON
Listed DateJune 16, 2026
Days on Market51
Price per Sq Ft$400
BrokerageRE/MAX ULTIMATE REALTY INC.

Location

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Virtual tour

Listed by RE/MAX ULTIMATE REALTY INC.