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Listed 2 months ago

794 Ritson Road S

Lakeview, Oshawa

$750,000

Detached|1 1/2 Storey
2 | 2 | 2
About this home

Beautiful 1 1/2 Storey Home In The Growing Neighbourhood Of Lakeview. Kitchen Has S/S Appliances, In Backsplash & Separate Eating Area W/ Open Concept Family Room & W/O To Deck Overlooking The Huge Fenced Double Lot. Separate Dining Living Room Areas Have Tons Of Natural Light. 2 Bedrooms On Upper Floor With Beautiful High Trim, Crown Moulding, And Thermal Windows. Minutes Away From The Lake, W/ Tons Of Parks, Trails & Playgrounds. Near Transit Options Such As Oshawa GO Station & 401, Close To The Heart Of The City W/ Plenty Of Shopping/Dining Options! North & South Side Basement Waterproofed. The purpose and effect of the application is to sever a 382.32 sq m parcel of land for the purpose of creating a new residential lot, creating a 430 sq m parcel of residential land with an existing single detached dwelling. The last date for fulfilling conditions is November 13, 2026. (Copy attached)

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,552
Lot Size73.75 ft x 118.79 ft
mls© NumberE13440468
Listed ByRE/MAX ACE REALTY INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,839
Property tax
$296
Heat allowance
$150
Housing costs
$4,285 / mo

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

Down payment20% · $150,000
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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