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1431 Ritson Road S
homes for sale · Oshawa · Lakeview
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$679,000

1431 Ritson Road S

Lakeview, Oshawa · MLS® E13793936

326

House · Multi-family · 38 days on market

listed by Bill Shackleton, RE/MAX Jazz INC.

Open house · Saturday, October 24, 2pm–4pm

realtor's description

Open house Saturday 2:00 to 4:00. The Seller is willing to give back a 2nd. mortgage of $25,000 at 0 % 5 yr. term. LIVE IN ONE UNIT AND LET THE OTHER HELP PAY YOUR MORTGAGE! Discover the flexibility and financial benefits of owning a LEGAL DUPLEX in Oshawa's Lakeview neighborhood! Registered with the City of Oshawa (certificate on file), this property offers two separate living spaces, ideal for multigenerational families, investors, or buyers looking to offset their mortgage with rental income. The spacious 2-bedroom upper unit features a walkout to a private deck, while the self-contained 1-bedroom lower unit enjoys plenty of natural light through its above-grade windows, creating a bright and inviting living space. Each unit benefits from its own dedicated outdoor space, kitchen, bathroom, and dishwasher, plus convenient shared laundry facilities. Both units underwent EXTENSIVE RENOVATIONS IN 2019, including updated kitchens, bathrooms, and flooring. Major improvements include a NEWLY PAVED DRIVEWAY (2026), shingles (2023), upgraded attic insulation (2019), and gas furnace and central air conditioning (2018). Additional features include an attached garage and parking for up to 6 vehicles. Includes 2 fridges, 2 stoves, 2 dishwashers, 1 washer, and 1 dryer. LOCATION, LOCATION, LOCATION! Just a FIVE-MINUTE WALK to beautiful Lakeview Park! Enjoy waterfront trails, sandy beaches, and green spaces nearby, with a convenience store directly across the street.Both units are currently occupied by reliable, long-term tenants. Whether you're planning for multigenerational living, seeking additional rental income, or expanding your investment portfolio, this versatile property offers an exceptional opportunity to build long-term value!

property details

type
House, Multi-family
bedrooms
3
bathrooms
2
parking
6
property tax
$3,844 / yr
days on market
38
MLS®
E13793936

features

  • Flat site
  • Carpet Free
  • In-Law Suite
  • Community Centre
  • All

monthly cost

$3,279/mo
Mortgage $2,958 · Tax $320

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,958/ monthly
loan $543,200
25-year amortization
total interest
$344,301
cash to close
$135,800
down payment; transfer tax and fees not included
total paid
$887,501

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Lakeview, OshawaGoogle Maps ↗

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listed by
Bill Shackleton
RE/MAX Jazz INC.
call Bill · 905-242-0676
Powered by: REALTOR.ca

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location

Lakeview, OshawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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