Contemporary kitchen for 954 Ritson Rd, Oshawa Ontario L1H 5L7
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Floor plan for 954 Ritson Rd, Oshawa Ontario L1H 5L7
54 Days on Market

954 Ritson Rd, Oshawa, Ontario L1H 5L7

$788,800
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Detached
3 + 3
2
- sqft

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Highlights

Estimated Value$751,000*

Price/Sqft-

Days On Market54 days

Est. Mortgage$3,388/mth

Tax Amount (2023)$3,991/yr

*Last updated on: 24/07/23

Description

Welcome to 954 Ritson Road. S. in Oshawa's desirable Lakeview neighbourhood just minutes south of the 401 and north or Lake Ontario and Lakeview Park! Ideal home for first time buyers or investors. Enjoy peace of mind from owning a legal Two-Unit duplex that is registered with the city of Oshawa. Both suites have their own 100 amp service with separate meters for monthly billing. Both units are currently tenanted (same tenants since 2020) with monthly lease of $3767. (Tenants look after grass cutting/shovelling for a credit of $100/month). Live upstairs in the renovated 3 bedroom unit and rent out the basement for $1753/month to help out with the mortgage or rent out both units and enjoy the long term growth in equity that comes with property ownership in the GTA. This is also an ideal property to share with a family member or good friend as a way of getting your foot in the door in the challenging GTA housing marketing. Both units were professionally renovated in 2019 prior to the current owner buying them. Each suite has 3 bedrooms and its own laundry area. Upper suite enjoys a walk-out from the primary bedroom to a private deck overlooking the sunny west backyard. There's plenty of room to park in the extra long driveway with room for 4-6 cars.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size4,556 SqFt(102.8 x 44.32)
Parking Spaces5
MLS ®NumberE8396972
Community NameLakeview
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Kitchen

3.28 x 2.41

Stainless Steel Appl / Window / Stone Counter

Living

5.44 x 4.62

Combined W/Dining / Laminate / Bay Window

Dining

5.44 x 4.62

Combined W/Living / Laminate / Window

Br

4.42 x 3.33

W/O To Deck / Laminate / Sliding Doors


Features

Lot size: 4,556 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 5

Total parking spaces 5


Property History

Now
Listed for$788,800
54 days on market
history photo preview40
Jan 14, 2019
Sold for$•••,•••Listed for$385,000
< 1h on market
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Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Comparable Sales

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Sold for $•••,•••
845 Sylvia St, Oshawa
••••••••• sq ft
Listed by RE/MAX ROUGE RIVER REALTY LTD.
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Sold for $•••,•••
1223 Wakefield Cres, Oshawa
••••••••• sq ft
Listed by OUR NEIGHBOURHOOD REALTY INC.
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Sold for $•••,•••
790 Eastglen Dr, Oshawa
••••••••• sq ft
Listed by RE/MAX JAZZ INC.

Market DataFor the past 30 days in Lakeview

Median Selling Price

$705,000

44.66% less than GTA:

$1,273,000

Median Bidding

Underbidding - Trending to buyer market

-$4,000

GTA median: -$24,900

Median Number of Sales

18 sales

2156 sales less than GTA:

2174 sales

Median Number of Days on Market

9 days

5 days less than GTA:

14 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget