1010 Ritson Road, Oshawa

Price: $1,175,000

4 bedrooms, 1 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: E13220856

***Builders, Investors, Developers and Contractors*** Here is your perfect opportunity to own a prime piece of land on a generous 110 x 215 Foot Lot, with a beautiful circular driveway, Spiral Staircase, Great Opportunity To Build/Renovate Your Custom Home, the possibilities and potential here are endless. Located in North Oshawa, don't miss out on this fantastic opportunity to create your dream home in a vibrant community close to shops, restaurants, and parks. This Is A Golden Chance To Expand Your Projects & Portfolio In A Sought-After Location. Property Being Sold "As Is, Where Is" Condition. Any Reasonable Offer Will Be Entertained, Excellent Location, Great Opportunity

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$1,175,000 - 1010 Ritson Road, Oshawa

Detached for Sale in Oshawa

Popular Listing
4Beds
1Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
E13220856
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
4
Bathrooms
1
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.
Description

***Builders, Investors, Developers and Contractors*** Here is your perfect opportunity to own a prime piece of land on a generous 110 x 215 Foot Lot, with a beautiful circular driveway, Spiral Staircase, Great Opportunity To Build/Renovate Your Custom Home, the possibilities and potential here are endless. Located in North Oshawa, don't miss out on this fantastic opportunity to create your dream home in a vibrant community close to shops, restaurants, and parks. This Is A Golden Chance To Expand Your Projects & Portfolio In A Sought-After Location. Property Being Sold "As Is, Where Is" Condition. Any Reasonable Offer Will Be Entertained, Excellent Location, Great Opportunity

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,197.42/mo

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5%20%50%

5-yr fixed avg.

Principal: $940,000Interest: $619,226
Mortgage Amount$940,000
Total Interest$619,226
Est. Property Tax$832/mo
Total Cost$1,559,226

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oshawa

Discover Oshawa

Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oshawa

  • Convenient location in Oshawa
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1010 Ritson Road, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$2,723

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $392/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oshawa. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1010 Ritson Road, Oshawa — $1,175,000 | Battaglia Team