Oshawa, Lakeview, L1H 5L7
$788,800
Listed by ROYAL LEPAGE SIGNATURE REALTY.
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.
Tenants on upper level have given notice that they will be vacating by September 30, 2024. Tenant on lower level has given notice that he will be vacating by November 1, 2024.
Kitchen
Living
Dining
Br
2nd Br
3rd Br
Kitchen
Living
4th Br
5th Br
Br
Utility
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: