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Rural Pickering, Pickering
$879,000
Stunning 4-year-new (2022-built) live-work townhouse in a family-friendly Pickering neighbourhood, featuring a rare ground-floor commercial unit. Offering a total of 2,092 sq. ft., including 1,374 sq. ft. of residential space and 718 sq. ft. of commercial area. Zoned MCC, providing excellent flexibility for a wide range of permitted commercial uses.The residential portion features a separate private entrance and is located on the second level. Bright and open-concept layout with combined living and dining areas and a walkout to a large balcony. Includes an eat-in kitchen, convenient laundry room, 3 spacious bedrooms, a 3-piece ensuite, and a 3-piece main bath. Features include 9-ft ceilings, fireplace, and a combination of broadloom and ceramic/porcelain flooring. The primary and second bedrooms overlook a tranquil ravine.The ground-floor commercial unit offers excellent exposure and visibility and is currently leased to a spa, generating steady rental income. The space includes a powder room and is ideal for retail, office, or medical use.Conveniently located near Hwy 401 & 407, GO Station, public transit, schools, parks, and shopping. Bonus: owned hot water tank-no rental fees.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,330 |
| Lot Size | 19.69 ft x 99.76 ft |
| mls© Number | E13509098 |
| Listed By | HOMELIFE LANDMARK REALTY INC. |
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%
- $4,499
- Property tax
- $611
- Heat allowance
- $150
- Housing costs
- $5,260 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$162,000
gross annual household income
- Payment at 4%
- $3,699 / mo
- Cash down
- $175,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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