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Listed 25 days ago

2034 Shay Drive

Brock Ridge, Pickering

$1,249,000

Detached|2-Storey
5 | 4 | 6
About this home

Exceptional 5 Bedroom Detached Home with Legal 2-Bedroom Walk-Out Basement Apartment in Prestigious Brock Ridge, Pickering. Welcome to this beautifully renovated, one-of-a-kind detached home located in the highly sought-after Brock Ridge community of Pickering. Featuring 5 spacious bedrooms above grade, a legal 2-bedroom walk-out basement apartment, and 4 well-appointed bathrooms, this exceptional residence offers the perfect combination of luxury, functionality, and outstanding income potential. Designed for comfortable family living, the main floor boasts a bright eat-in kitchen, an expansive living and dining area with a cozy fireplace, and elegant hardwood flooring throughout. The spacious primary bedroom serves as a private retreat, complete with a 4-piece ensuite and generous his-and-hers closets. Adding to the home's appeal is a double-car garage and a private driveway accommodating up to four additional vehicles, providing ample parking for family and guests. A standout feature is the fully legal 2-bedroom walk-out basement apartment with a separate entrance, currently operating as a successful short-term rental. Whether you're looking for a mortgage helper, anin-law suite, or an income-producing investment, this self-contained unit offers exceptional flexibility andstrong revenue potential. Perfectly situated in a prime family-friendly neighbourhood, this exceptional home is just a 2-minute walk to a DRT bus stop and only 4 minutes on foot to the Pickering Islamic Centre (Osman Mosque). It is also within walking distance of schools, parks, shopping, restaurants, and other everyday amenities, with quick and convenient access to Highways 401 and 407, making commuting throughout the GTA effortless.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,981
Lot Size34.45 ft x 100.07 ft
mls© NumberE13649854
Listed ByCENTURY 21 PERCY FULTON LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,393
Property tax
$582
Heat allowance
$150
Housing costs
$7,125 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $249,800
25-yr amortization

Income needed

$219,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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