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Listed 7 days ago

518 Rosebank Road

Rosebank, Pickering

$1,899,900

Detached|2-Storey
4 | 2 | 12
About this home

Attention Dreamers, Builders & Developers! Welcome To 518 Rosebank Rd, An Exceptional Opportunity In The Prestigious South Rosebank Community. Situated On An Impressive 100 X 180 Ft Lot, This Property Offers Endless Possibilities For Today And The Future.Live In, Renovate Or Reimagine The Existing Home While Exploring The Potential To Sever The Property And Build Brand New On A Generous 50 X 180 Ft Lot - All While Continuing To Live Right Next Door. THERE IS MUCH MORE TO THIS ADDRESS. A Rare Opportunity To Create Your Dream Home, Develop For The Future, Or Take Advantage Of A Unique Multi-Generational Or Investment Opportunity.Surrounded By Mature Trees And Established Homes In One Of Pickering's Most Sought-After Communities, This Property Offers The Space, Privacy And Potential That Are Becoming Increasingly Difficult To Find. Enjoy Being Just Minutes From Petticoat Creek Conservation Area, STEPS to Lake Ontario, Waterfront Trails, Parks, Schools, Shopping And Convenient Access To Major Highways And Transit.Whether You Choose To Move In, Renovate, Build Or Explore The Severance Potential, 518 Rosebank Rd Is A Property Where Your Vision Can Become Reality.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,770
Lot Size100 ft x 180 ft
mls© NumberE13878900
Listed ByRE/MAX NOBLECORP REAL ESTATE

Listing History

  • No recent sale history for this listing.
  • 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%
$9,725
Property tax
$898
Heat allowance
$150
Housing costs
$10,772 / mo

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

Down payment20% · $379,980
25-yr amortization

Income needed

$331,000

gross annual household income

Payment at 4%
$7,995 / mo
Cash down
$379,980

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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