863 Ritson Road, Oshawa, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 41 x 147.75 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, In-Law Suite, Water Heater
- Efficient forced air heating via gas
Description
A legal duplex in Oshawa's established Lakeview community, offering flexibility for time buyers, multi-generational families, and investors. The bright, open concept main level features a spacious living and dining area, functional kitchen, and generously sized bedrooms. The fully finished lower-level suite includes a separate entrance, providing immediate rental income potential or a private, self-contained space for extended family. Set on an impressive 41' x 147' lot, the property offers a private backyard, ample parking, and an oversized detached two-car garage. Use it for secure storage, create the ultimate workshop, or explore the potential for an additional dwelling unit. Conveniently located minutes from Highway 401, GO Transit, schools, parks, shopping, and Oshawa's waterfront, this is a property that delivers space, income potential, and long term upside. Live in one unit and rent the other, add it to your investment portfolio, or create a home that evolves with your family.
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Property Summary
This detached home located at 863 Ritson Road, Oshawa is currently for sale and has been available on SousaSells for 8 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 863 Ritson Road, Oshawa is in the Lakeview neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Lakeview, Oshawa.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Lakeview, Oshawa.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- In-Law Suite
- Water Heater
- Water Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 863 Ritson Road, Oshawa, ON
Q.What is the asking price for 863 Ritson Road, Oshawa, ON ?
The current listing price for 863 Ritson Road, Oshawa, ON in Lakeview, Oshawa is $549,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 863 Ritson Road, Oshawa, ON ?
863 Ritson Road, Oshawa, ON is a Detached (Bungalow) featuring a Apartment, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Suite, Water Heater, Water Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 863 Ritson Road S, Oshawa, ON L1H 5L5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $549,900 in Oshawa, the legal minimum down payment is $29,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,473 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.