
777 Ritson Road, Oshawa
Lakeview · Investor guide
$579,900
Estimated Value
$1,252,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Lakeview neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Charming detached brick bungalow situated on an impressive 45 x 162 ft lot in a quiet neighbourhood. 3+1 bedrooms 2 full bathrooms with detached garage and parking for all! Bright main level featuring laminate flooring throughout, an updated kitchen with newer appliances and walk-out to a deck overlooking the fully fenced backyard. Finished lower level offers a separate entrance, kitchen, living/dining, additional bedroom and full bathroom. Conveniently located close to schools, parks, shopping, transit and quick access to Hwy 401. An excellent opportunity for first-time buyers, multi-generational families or investors.
MississaugaInvestor.ca
777 Ritson Road
Detached · 3bd/2ba · ~1,300 sqft
$579,900
Cash-Flow Report · July 31, 2026
Cap Rate
7.5%
Monthly Cash Flow
+$957/mo
Estimated Rent
$4,990/mo
Cash-on-Cash
9.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,990 |
| Mortgage | −$2,669 |
| Property Tax | −$406 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$483 |
| Vacancy (5%) | −$250 |
| Cash Flow | +$957/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,880 |
| Vacancy (5%) | −$2,994 |
| Property Tax | −$4,871 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,799 |
| Annual NOI | $43,516 |
| Cap Rate | 7.5% |
Cash Required to Close
| Down Payment (20%) | $115,980 |
| Ontario Land Transfer Tax | $8,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $127,053 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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