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Property Description
Development Possibility! 2.75 Acres. Ideal Location For Possible Commercial Or Residential. 900M Sq. Building Or 5-6 Storey, 40-45 Residential Apt Or Seniors 6 Or More Storeys, 100-120 Apt Style Suites. Re-Zoning Required To Facilitate Re-Development. Currently Zoned Urban Reserve. Close To Shopping, Medical & Senior Centre, Public Transit, Schools & University.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-12-16 | 2020-12-18 | 2 | $2,500 | $2,500 | Leased |
| 2019-07-18 | 2020-06-26 | 345 | $1,650,000 | $1,150,000 | Sold |
| 2018-04-30 | 2019-04-28 | 365 | $1,800,000 | - | Expired |
Extras
Existing 3 Bedroom Home, Large Family Kitchen & Living Room. Accessibility Ramps At Front & Back Entrances. Mature Trees. Exclude All Appliances And All Window Coverings. Hot Water Tank Owned.
Nearby Intersections
Property Features
Golf, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Acreage
2-4.99
Lot Irregularities
2.75 Acres
Fronting
East
Taxes
$4,917 (2016)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
12
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.29' x 18.04' | Large Window |
| Dining | Main | 9.25' x 16.21' | French Doors |
| Kitchen | Main | 15.42' x 19.49' | Family Size Kitchen |
| Laundry | Main | 7.87' x 14.60' | |
| Study | Main | 9.25' x 16.21' | French Doors |
| Prim Bdrm | 2nd | 13.42' x 12.93' | W/I Closet |
| 2nd Br | 2nd | 9.25' x 16.77' | Closet |
| 3rd Br | 2nd | 9.25' x 15.98' | Closet |
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Oshawa Market Statistics
Oshawa Price Trend
1611 Ritson Rd N is a 3-bedroom 2-bathroom home listed for sale at $2,475,000, which is $1,677,986 (210.5%) higher than the average sold price of $797,014 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Oshawa increased by $21,011 (2.7%) compared to the previous 30 day period (February 25 - March 25) and down $23,157 (2.8%) from the same time one year ago.Inventory Change
There were 157 3-bedroom homes listed in Oshawa over the last 30 days (March 26 - April 24), which is down 13.7% compared with the previous 30 day period (February 25 - March 25) and up 18.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $35,607 (4.5%) above asking price over the last 30 days (March 26 - April 24), which represents a $15,733 decrease compared to the previous 30 day period (February 25 - March 25) and $62,582 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Oshawa over the last 30 days (March 26 - April 24) stood at 91.1%, up from 70.9% over the previous 30 days (February 25 - March 25) and up from 83.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oshawa stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 23 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate, Brokerage
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