Was listed for:Expired May 3, 2025
$1,125,000

1397 Ritson Road S

Oshawa (Lakeview), ON L1J 7M3

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 1397 Ritson Road S, Oshawa, Lakeview

2025-03-03
2025-05-03
Expired
Price
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MLS#
e11997570

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1397 Ritson Road S, Oshawa, Lakeview

This purpose-built legal Triplex at 1397 Ritson Rd S in Oshawa offers the flexibility to be used as a self-contained family unit or as a multi-unit rental / investment property. Located in the mature Lakeview neighbourhood, this property is perfect for those seeking a combination of family living and investment opportunity. Each of the three units features 2 Bedrooms and 1 Bathroom, providing comfortable and practical living spaces. The property is situated on a generous 65 x 108 lot, with 8+ parking spots available for tenants and guests. The property also includes 2 points of enclosed access and egress staircases, ensuring safety and easy access to each unit. The family-friendly area is just minutes from Lake Ontario and Lakeview Park, offering a peaceful and accessible setting for all ages. With nearby amenities, schools, and major routes, this property is well-connected to everything you need while offering the tranquility of a well-established neighbourhood. Whether you're looking for a great investment or a home with rental potential, this Tri-Plex offers a unique opportunity in Oshawa's Lakeview Community.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,698
Land Transfer Tax Fee
$18,975

Rental Items

Rental Equipment
ALL APPLIANCES are owned by the Landlord and 2 Hot Water tanks are owned. Main Furnace is supplemented by baseboard heating in units 1 and 3.

Basement Type
Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Heater, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Paved Yard, Privacy
Pool
None
Property Features
Park, Beach

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
31-50

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
65.00 ft
Lot Depth
108.00 ft

Inclusions

Inclusions
All appliances.

Exclusions

Exclusions
All personal belongings of each Tenant.

Parking & Garages

Garage Type
Detached
Garage Spaces
0
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
3
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Family Room—
    Second level
  • Kitchen—
    Second level
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Basement level
  • Bedroom 2—
    Basement level
  • Family Room—
    Basement level
  • Kitchen—
    Basement level

Washrooms

  • 4-piece, Second
  • 4-piece, Ground
  • 4-piece, Basement

Municipality
Oshawa
Neighbourhood
Lakeview
Main cross streets
Ritson Rd S and Valley Drive
Zoning
R5-A 52
Directions
south on Simco St S to Lakeview than make a right onto Valley dr at the stop sign turn left at Ritson Rd S the next left will be into the drive of 1397 Ritson Rd S
Waterfront
None

MLS® number
E11997570
Data source
Toronto Regional Real Estate Board
Status change
2025-05-03
Listed on
2025-03-03
Days on market
61 days
Possession type
Flexible
Co-op commission
2.5 %
Seller
Listed by
RE/MAX JAZZ INC.

Home Market Value

Current home valuation for 1397 Ritson Road S, Oshawa, Lakeview, Oshawa, ON. Listed for $1,125,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1397 Ritson Road S, Oshawa, Lakeview

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Oshawa, ON
Minimum Down Payment Required:7.8%

5% on first $500K + 10% on $625,000 over $500K

Minimum down payment

$87,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$41,490$31,388$26,775$0
=Total mortgage
$1,078,740$1,043,888$983,025$900,000
Amortization
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%
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Payment frequency
=Mortgage payment
$5,267monthly$5,097monthly$4,800monthly$4,394monthly
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Land Transfer Tax

Provincial

$18,975

Total Land Transfer Tax

$18,975

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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4.5 /10

Lakewoods

Public·elementary·510m

3.8 /10

G L Roberts

Public·secondary·710m

3.0 /10

Dr C F Cannon

Public·elementary·1.1km

3.9 /10

Bobby Orr

Public·elementary·1.1km

4.6 /10

Monsignor Philip Coffey

Private·elementary·1.3km

2.8 /10

Glen Street

Public·elementary·1.6km

5.6 /10

Monsignor John Pereyma

Private·secondary·1.9km

3.0 /10

David Bouchard

Public·elementary·3.0km

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