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New4 days ago

1010 Ritson Road N

Central, Oshawa

$1,175,000

Detached|2-Storey
4 | 1 | 8
About this home

ATTENTION BUILDERS, INVESTORS, DEVELOPERS & CONTRACTORS! An exceptional opportunity awaits on this impressive 110 x 215 ft. lot in North Oshawa. Offering a substantial parcel of land in a sought-after location, this property presents incredible potential to renovate, reimagine or build a custom dream home, subject to applicable municipal approvals.Set back from the road with a beautiful circular driveway, the existing home offers a unique starting point for those with vision. Whether you're a builder looking for your next project, an investor seeking long-term potential, or an end-user ready to create a one-of-a-kind residence, the possibilities here are exciting.Ideally situated in an established North Oshawa community close to shopping, restaurants, parks, schools and everyday conveniences, offering an excellent combination of location, lot size and future potential.Bring your vision and unlock the possibilities of this remarkable 110 x 215 ft. property. A rare opportunity to add value, create something exceptional and secure a substantial piece of land in a desirable location.Property is being sold in "As Is, Where Is" condition. Buyer/Buyer's Agent to conduct their own due diligence regarding intended use, zoning, development potential and applicable municipal requirements.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$11,925
Lot Size110 ft x 215 ft
mls© NumberE13721610
Listed ByRE/MAX ULTIMATE 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%
$6,014
Property tax
$994
Heat allowance
$150
Housing costs
$7,158 / mo

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

Down payment20% · $235,000
25-yr amortization

Income needed

$220,000

gross annual household income

Payment at 4%
$4,945 / mo
Cash down
$235,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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