Toronto Luxury Condos and Homes

954 Ritson Road

$788,800

3+3-Bed

2-Bath

Listed on 6/3/24

Come live in this 3+3-bed, 2-bath Home

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.

Extras

Tenants on upper level have given notice that they will be vacating by September 30, 2024.

Gallery

MLS #

E8396972

Style

Detached, Bungalow

Rooms

6+6

Bedrooms

3+3

Bathrooms

2

Parking Spaces

5

A/C

Central Air

Basement

Apartment, Sep Entrance

Den

N

Exterior

Brick, Vinyl Siding

Heating

Forced Air

Fireplace

N

Taxes

$3,991.00 (2023)

Lot

102.80x44.32 (Feet)

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Homes 954 Ritson Road, Oshawa