Detached Bungalow Flip or Rental Opportunity On Deep Lot in Oshawa!! Assigned

  • $650,000
  • 3 beds
  • 2 baths
  • 1158 sqft
Assigned

This detached bungalow is well-maintained property, featuring 3 large bedrooms plus a studio in-law suite in the basement. The backyard features a fully fenced-in yard running 170 ft deep. The house itself is built with brick and stone and features with large windows allowing natural light to brighten the interior. This location isn’t far from Lake Ontario in Cedar Dale close to parks, Oshawa Creek, Conservation Area, and immediately down the road from the Hwy 401 ramp. An excellent flip in need of primarily cosmetic updates, plus the income potential doubles your exit strategy!! Great location and a clean, respectable property at a noteworthy discount!!

We are selling our assignable purchase contract.

Closing is October 28th, 2021

PROPERTY FEATURES
  • 3 bedrooms
    • All bedrooms feature a bi-fold closet
  • 2 full bathrooms
    • 4-piece bathroom located on the main floor
    • 3-piece bathroom located in the basement
      • This bathroom also features a bidet
  • Built in 1968
  • Above grade: 1158 sq ft (as per MPAC)
  • Finished basement: 1213 sq ft (as per MPAC)
    • Ceiling height: ~7 ft (Buyer to verify)
    • 1 full bathroom
    • 1 full kitchen
    • Potential to add wall in basement near fireplace for another bedroom (Buyer to verify)
    • Gas fireplace
    • Large, above grade windows
  • Separate entrances:
    • Front door opens to eat-in kitchen
    • Side entrance opens to a landing and leads to stairs going down to the in-law suite, or up to the main house
    • Additional door next to the side entrance opens into the garage
    • Door in garage leads out to the backyard
  • All appliances will be included (except for basement freezer)
  • Open concept kitchen includes an eat-in area
  • Flooring:
    • Solid hardwood floors in living room are 4-years-old (as per Seller)
    • Ceramic tile throughout the main floor is in good condition
  • 100 AMP breaker panel
  • Gas furnace is 10-years-old (as per Seller)
  • HWT is rented (exact age is unknown, as per Seller)
  • Lennox central AC is older, but working (exact age unknown, as per Seller)
  • Roof was redone in 2014 (as per Seller)
  • Windows are 15-years-old (as per Seller)
  • Patio tile in backyard for outdoor enjoyment
  • Some of the fencing in the backyard near the front is new (as per Seller)
  • On municipal services
  • 1-car, attached garage (203 sq ft, as per MPAC)
  • Parking for 2-3 cars on driveway
  • Lot size: 47.79 ft x 175.93 ft (as per MPAC)
  • Zoning: R1-C (as per MPAC)
    • Please note: This zoning does not currently allow for accessory dwellings (see HERE, pg. 6-1) – Buyer to verify

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$650,000
Address:
Ritson Rd S & Wolfe St
Oshawa, ON
Square Feet:
1158
Lot Size:
47.79 ft x 175.93 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1968
Basement:
Finished

Call (647) 400-2093 for more details

Property Location