$639,000
Oshawa
Times shown are local to the property.
1431 Ritson Road South, Oshawa (Lakeview), Ontario, L1J7M3
This 3-bedroom, 2-bathroom home in Oshawa is for sale offering roughly 900 sq ft of space.
Don't Forget. Public Open House 2:00 to 4:00 pm Sat. Nov. 7th. 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! ** This is a linked property.** (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 44 days across the listings currently for sale in this city
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.
This 3-bed single family in Oshawa (Lakeview) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $639,000, about 8.2× the local median household income of $78,000.
Carrying it typically needs a household income of about $124,819 (20% down, 25-yr amortization, stress-tested) — roughly 60% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1J)
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Loading rates, 30-yr amortization
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