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Open House

Saturday, June 15th, 2024 | 1:00 pm - 3:00 pm

Property Description

Welcome to 954 Ritson Road South 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 rental income of $3875.  Live upstairs in the renovated 3 bedroom unit and rent out the basement for $1700/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.

Property Details

Property Type:

Detached Duplex Bungalow

Bedrooms:

3+3

Bathrooms:

2

Community:

Oshawa - Lakeview

Parking:

5 driveway

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About The Neighbourhood

Lakeview, a vibrant community in Oshawa, Canada, offers an excellent living experience with its well-connected transportation options, including easy access to Highway 401 and public transit. Families will appreciate the top-notch educational institutions, such as Lakeview Public School and Monsignor Paul Dwyer Catholic High School. The area is rich in green spaces, featuring Lakeview Park and the Oshawa Valley Botanical Gardens, perfect for outdoor activities and relaxation. Residents can enjoy a variety of amenities, including shopping centers like Oshawa Centre, diverse restaurants, and essential services. The community also boasts excellent healthcare facilities, with Lakeridge Health Oshawa providing comprehensive medical care. Lakeview combines convenience, quality education, recreational opportunities, and essential services, making it an ideal place to invest in or call home.

Property Location