$1,175,000

For sale

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1010 Ritson Road North, Oshawa (Central) - Single Family for Sale

1010 Ritson Road North, Oshawa (Central), Ontario, L1G6Z5

4 beds1 bath8 parking3,250 ft²110 × 215 ft (23,650 sq ft) lot sizeListed 68 days ago

Overview

This 4-bedroom, 1-bathroom home in Oshawa is for sale offering roughly 3,250 sq ft of space.

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Description

ATTENTION BUILDERS, INVESTORS, DEVELOPERS & CONTRACTORS! An exceptional opportunity awaits on this impressive 110 x 215 ft. lot in North Oshawa. Offering a substantial parcel of land in a sought-after location, this property presents incredible potential to renovate, reimagine or build a custom dream home, subject to applicable municipal approvals.Set back from the road with a beautiful circular driveway, the existing home offers a unique starting point for those with vision. Whether you're a builder looking for your next project, an investor seeking long-term potential, or an end-user ready to create a one-of-a-kind residence, the possibilities here are exciting.Ideally situated in an established North Oshawa community close to shopping, restaurants, parks, schools and everyday conveniences, offering an excellent combination of location, lot size and future potential.Bring your vision and unlock the possibilities of this remarkable 110 x 215 ft. property. A rare opportunity to add value, create something exceptional and secure a substantial piece of land in a desirable location.Property is being sold in "As Is, Where Is" condition. Buyer/Buyer's Agent to conduct their own due diligence regarding intended use, zoning, development potential and applicable municipal requirements. (id:66096)

Property Details

MLS®: E13721610
Property Type: Single Family
Zoning: Single Family Residential
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 3,250 ft²
Lot Size: 110 × 215 ft (23,650 sq ft)
Frontage: 110 ft
Storeys: 2
Basement: Walk-up, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 6 x 1 meters
Dining room: 4.95 x 3.53 meters
Kitchen: 4.35 x 3.76 meters
Office: 4.04 x 3.53 meters
Foyer: 5.02 x 5.64 meters
Laundry room: 3.78 x 1.85 meters

Second level

Bedroom: 6.53 x 4.04 meters
Bedroom 2: 4.16 x 3.83 meters
Bedroom 3: 3.04 x 3.86 meters
Bedroom 4: 4.07 x 4.41 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Unknown
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

68d

Oshawa (Central) listings, avg age

66d

Price / ft²

$362

List price

$1.18M

Homes here sell faster than most markets

Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Oshawa (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX ULTIMATE REALTY INC. · TANIA MENICUCCI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1G)

This home lists at $1,175,000, about 15.6× the local median household income of $75,500.

Carrying it typically needs a household income of about $229,519 (20% down, 25-yr amortization, stress-tested) — roughly 204% above the area median.

Median household income: $75,500
Population: 43,497
Median age: 43.2
Owner / renter: 56% / 44%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L1G)

$1,175,000· $362/ft²

For sale

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Full Cost Breakdown

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Down Payment7.87% · $92,500

Min 7.87%50%

Mortgage payment$6,002/mo

↳ CMHC premium ($43,300 capitalized)

Property tax (est.)$994/mo

Total monthly$6,995

Cash Needed to Close

Down payment (7.87%)$92,500

Land transfer tax$19,975

Est. closing costs$6,025

Total cash needed$118,500

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1010 Ritson Road North, Oshawa (Central) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L1G)

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Full Cost Breakdown