$799,999 - 268 Ritson Road, Oshawa
Detached for Sale in Oshawa
49 days on market- MLS Number
- E13063320
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Lot Size
- 2,379 sqft
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
Welcome to this fantastic detached home in the heart of Central Oshawa, ideally located on Ritson Road! Offering exceptional convenience, this property is just minutes to Highway 401 and close to the upcoming new GO Transit station-making it a prime choice for commuters, first-time buyers, and savvy investors. This well-appointed home features 3 spacious bedrooms and 2 full washrooms, along with a fully finished basement complete with a full washroom-perfect for a recreation space. The home offers a functional layout with bright and inviting living areas, while the finished basement adds valuable extra living space and versatility. Situated on a main road, you'll enjoy easy access to transit, schools, shopping, parks, and all essential amenities. Whether you're looking to move in, invest, or explore income potential, this property delivers incredible value in a growing and well-connected neighbourhood. Don't miss this opportunity to own a detached home in one of Oshawa's most convenient locations!NOTE-Currently the main living area is being converted as an additional bedroom but can be easily undone and the seller is willing to undo at sellers' expense based upon buyers' request for the right offer. Currently property is tenanted but VACANT POSSESSION is feasible.
Estimate your monthly payments for this property
Estimated Payment
$4,104.41/mo
Includes CMHC insurance ($22,320)
5-yr fixed avg.
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.
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
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.
268 Ritson Road, Oshawa
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1143/sqft, this property is priced above the Oshawa average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 49 days on site, this property has exceeded the typical selling timeline for Oshawa. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.