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$899,000Asking Price

1056 Ravine Road, Oshawa, ON L1H 4C8

Lakeview, Oshawa

Triplex
4 + 1
Bedrooms
3
Baths
6
Parking
Day on Market

Rarely offered triplex on an exceptional ravine lot! 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 excellent opportunity for investors looking to expand their portfolio or buyers seeking a property with built-in income potential. Detailed investment package available, including virtual tour, floor plans, and room measurements.

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Rarely offered triplex on an exceptional ravine lot! 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 excellent opportunity for investors looking to expand their portfolio or buyers seeking a property with built-in income potential. Detailed investment package available, including virtual tour, floor plans, and room measurements.

Key Info

  • 2-Storey Triplex
  • 4+ Parking
  • No Garage
  • Ravine And Wentworth
  • 2000-2500 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • Water Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $8,097 in 2026
  • Possession: Flexible

Details

  • Brick/Vinyl Siding Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #E13449552
  • RE/MAX ULTIMATE REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom on Ground Floor
Washroom1 4-Piece Bathroom

Who lives here?

Lakeview, Oshawa is an east GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 34, 25 to 34, 25 to 34 and 25 to 34.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Oshawa  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

55% of residents are
single and loving it.

55% singles

Oshawa (47%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

44% of residents
are renters.

44% renters

Oshawa (32%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

9% of residents are
university grads.

9% university grads

Oshawa (19%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$73K

is the average household
income in the neighbourhood.

Oshawa  ($99K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Trades 14%
Business 8%
Government 5%
Manufacturing 5%

Immigrants

11% of residents were
born outside of Canada.

11% immigrants

Oshawa (18%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 1.8% of immigrants.
Caribbean 1.7%
Jamaica 0.9%
Guyana 0.6%
Philippines 0.6%

1.8% from UK
All-time

Birthplace - Recent

Jamaica was once home to 0.3% of immigrants.
Other South America 0.2%
UK 0.1%
Mexico 0.1%
Pakistan 0.1%

0.3% from Jamaica
Recent

Foreign Languages

Foreign Languages

French 2%
Spanish 1%
Portuguese 1%
Polish 1%

Religions

Religions

Christian 63%
Buddhist 1%
Muslim 1%