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New7 days ago

863 Ritson Road S

Lakeview, Oshawa

$549,900

Detached|Bungalow
3 | 2 | 5
About this home

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.

Extras

No extras listed.

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No upcoming open houses.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,787
Lot Size41 ft x 147.75 ft
mls© NumberE13616960
Listed ByREVEL REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,815
Property tax
$399
Heat allowance
$150
Housing costs
$3,364 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,980
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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