742 Ritson Road S
Lakeview, Oshawa
$649,900
Bedrooms: 3
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $928.43
About this Detached
in Lakeview, Oshawa
Looking for an income-generating home with a legal basement? This detached bungalow offers 3+2 bedrooms and 1+1 bathrooms, featuring an east-facing orientation that fills the home with bright natural morning sunlight throughout the day.This carpet-free, move-in-ready home includes a legal, city-approved finished basement, ideal for rental income potential of approximately $1,800/month or comfortable multi-generational living (buyer to verify). The home is freshly painted and well maintained, with an updated gas furnace, HEPA filtration system, and garage door. A single-car garage adds everyday convenience.Ideally located with a public bus stop just steps away and quick access to Hwy 401, offering excellent connectivity to shopping, schools, transit, and major amenities-perfect for commuters and families.A fantastic opportunity to own a carpet-free, east-facing bungalow with a legal basement in a highly accessible location.
Listed by ROYAL LEPAGE TERRA REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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