$679,900 - 355 Ridgeway Avenue, Oshawa
Detached for Sale in Oshawa
35 days on marketNeighbourhood: McLaughlin
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- MLS Number
- E13734974
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oshawa
- Taxes (2025)
- $5,625
- Listing Brokerage
- The Nook Realty Inc.
OPEN HOUSE Sun Sept 13th 2:00-4:00pm. This home has been in the hands of the same family for 50+ years and now it is looking for a new family to call it home. Step inside and you will feel the mid century modern vibe in the livingroom with the rich deep wood tone of the feature wall panelling and the floor to ceiling stone faced wood burning fireplace(not wett certified). This space is bright with the wall to wall north facing windows. The original strip hardwood flooring has been exposed so you can see they are in good condition and you could sand/polish if you wish. The kitchen has been updated in the past with maple cabinets, featuring a large pantry with pull out shelving, pot drawers in the peninsula and great, functional counter space. The breakfast area does accomodate a good size table and you then step down to the spacious family room that you could add a formal dining table to if you like to entertain large groups while still having comfortable seating space around the gas fireplace for the family to relax. There is a walk out to the private backyard from the family room. There is a mainfloor bedroom with double closet and right across from the 4 pc bathroom. Then step up to bedroom 2&3, both with closets and original hardwood flooring. There is a partially finished basement though dated, you can see how the space functions with a dry bar and lots of space for the kids to hang out with their own dedicated living space. There is a 2pc powder room on this level as well. There is a separate entrance at the back of the house that leads to the basement or to the main level. As well there is a door to the single car garage for convenience of coming home and parking in the garage and not having to brush off your car of snow in the winter. The backyard has a new fence on the west side and has a covered patio area to relax in this shaded space. Many mainfloor windows were replace in the late 90's with vinyl windows, shingles less than 5 years
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover McLaughlin
McLaughlin is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in McLaughlin
- •Convenient location in Oshawa
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
McLaughlin offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
355 Ridgeway Avenue, Oshawa
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $453/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About McLaughlin
I know McLaughlin well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.