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New7 days ago

1678 Dellbook Avenue

Brock Ridge, Pickering

$974,900

Detached|2-Storey
3 | 4 | 4
About this home

Rare Legal Duplex | $5,800/Month Income | Flexible tenants, ready to move out or can be assumed, whichever works for your situation. For end-users and first-time buyers, it's a perfect home to start your journey as a homeowner and landlord. Renovated 3+2 Bed Detached |Rare opportunity to own a fully renovated detached home with a legal walk-out basement apartment in the heart of Pickering. This beautiful home sits on a premium 60' x 100' lot and features 3 spacious bedrooms, 3.5 bathrooms, a brand-new kitchen, new tiles, and port lights throughout the living and family rooms. The primary bedroom includes two closets and a 3-piece ensuite. The legal walk-out basement apartment offers 2 bedrooms and 1 bathroom with a separate entrance. Strong rental income: Upper level: $3,500/month. Basement: $2,300/month. Total:$5,800/month ($69,600/year). Ideal for investors or end-users looking to offset mortgage costs. Walking distance to schools and Brock Ridge Plaza, and worship place (OSMAN MASJID) close to all amenities, and only 3 km to Hwy 401. Move-in ready. QUICK CLOSINGS ARE WELCOME

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,740
Lot Size60.36 ft x 100.06 ft
mls© NumberE13710186
Listed ByROYAL LEPAGE VISION REALTY

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,990
Property tax
$645
Heat allowance
$150
Housing costs
$5,785 / mo

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

Down payment20% · $194,980
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,103 / mo
Cash down
$194,980

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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