$1,400,000

For sale

26 Ritson Road North, Oshawa (O'Neill) - Retail for Sale

26 Ritson Road North, Oshawa (O'Neill), Ontario, L1G5P3

5,488 ft²5,488 sq ft (0.12 ac) lot sizeListed 13 days ago

Overview

This retail property in Oshawa is for sale offering roughly 5,488 sq ft of space. It has been on the market 13 days, fresher than the Oshawa average of 41 days.

Retail Space for Sale in Oshawa →All real estate in Oshawa →

Description

Position your business or expand your investment portfolio at 26 Ritson Road North, Oshawa. Situated on a busy, highly visible corner with substantial pedestrian and vehicle traffic, this commercial retail property offers excellent exposure and eight exterior parking spaces.One retail unit will be available for lease November 1, 2026, presenting an opportunity for an owner-occupier or new commercial tenant. The second commercial tenant has approximately one year remaining on their lease, while the second-floor bachelor apartment is occupied by a residential tenant on a month-to-month tenancy. Approximately 3000 sq ft in retail space plus basement which could be leased out to the right tenant. Multi-uses are available under zoning. A versatile opportunity for investors and business owners seeking a prominent Oshawa location with a mix of commercial and residential rental income. (id:66096)

Property Details

MLS®: E14107456
Property Type: Retail
Zoning: PSC-A
Interior Size: 5,488 ft²
Lot Size: 5,488 sq ft (0.12 ac)
Frontage: 50 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $13,770.41/yr
Listed: 13 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Oshawa (O'Neill) listings, avg age

41d

Price / ft²

$255

List price

$1.40M

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 retail in Oshawa (O'Neill) has been listed for 13 days, which is 28 days fresher than the city average of 41. Act while there is still low competition.

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Listed by Royal LePage Our Neighbourhood Realty · Bob Best

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1G)

This home lists at $1,400,000, about 18.5× the local median household income of $75,500.

Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 262% 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)

$1,400,000· $255/ft²

For sale

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Financing

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