576 Oakwood Drive, Pickering

Price: $1,999,000

6 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E13650454

Resting on a 50 by 155 foot lot in Rosebank, the most desirable area of Pickering. With just over 3,500 square feet above grade, with a further 1,660 finished below. Stone and brick, with no sidewalk and parking for six to eight cars. An Irrigation system in the front and rear keeps your lawn green all summer long with security throughout. Inside, a main floor office and a dining room sized for the holidays. The kitchen has ample cabinetry and granite tops throughout centered by a wide island, glass tile backsplash, 36 inch Miele gas range, opening to a breakfast area with a full built in pantry and a walkout to the garden. Beyond it the family room sits under a coffered ceiling and holds the gas fireplace. The lower level carries two households worth of space. A two bedroom apartment with its own entrance, so it never crosses the house. Beside it, kept separate, a room with a full bathroom and steam shower, a gym today and as easily a studio or a guest suite. Upstairs, four bedrooms and three bathrooms. The primary runs over 400 square feet under vaulted ceilings, with a full walk in closet and a six piece ensuite with its own toilet room. The three bedrooms that follow it take light from the front and from the garden side. Behind the house, a granite patio and a covered gazebo, with lawn enough left for a pool and mature planting along the fence line. The lot runs 155 feet deep, with a separate 16x16 tiered shed. The waterfront trail starts at the foot of the neighbourhood and runs to Rouge Beach. You are steps away from parks and the region's best Montessori's. All local amenities are walking distance away. Minutes to the Toronto Zoo, the Rouge National Urban Park, Rouge Hill GO and Highway 401 and 407.

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$1,999,000 - 576 Oakwood Drive, Pickering

Detached for Sale in Pickering

Neighbourhood: Rosebank

6Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E13650454
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
6
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Pickering
Listing Brokerage
THE AGENCY
Description

Resting on a 50 by 155 foot lot in Rosebank, the most desirable area of Pickering. With just over 3,500 square feet above grade, with a further 1,660 finished below. Stone and brick, with no sidewalk and parking for six to eight cars. An Irrigation system in the front and rear keeps your lawn green all summer long with security throughout. Inside, a main floor office and a dining room sized for the holidays. The kitchen has ample cabinetry and granite tops throughout centered by a wide island, glass tile backsplash, 36 inch Miele gas range, opening to a breakfast area with a full built in pantry and a walkout to the garden. Beyond it the family room sits under a coffered ceiling and holds the gas fireplace. The lower level carries two households worth of space. A two bedroom apartment with its own entrance, so it never crosses the house. Beside it, kept separate, a room with a full bathroom and steam shower, a gym today and as easily a studio or a guest suite. Upstairs, four bedrooms and three bathrooms. The primary runs over 400 square feet under vaulted ceilings, with a full walk in closet and a six piece ensuite with its own toilet room. The three bedrooms that follow it take light from the front and from the garden side. Behind the house, a granite patio and a covered gazebo, with lawn enough left for a pool and mature planting along the fence line. The lot runs 155 feet deep, with a separate 16x16 tiered shed. The waterfront trail starts at the foot of the neighbourhood and runs to Rouge Beach. You are steps away from parks and the region's best Montessori's. All local amenities are walking distance away. Minutes to the Toronto Zoo, the Rouge National Urban Park, Rouge Hill GO and Highway 401 and 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,842.25/mo

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5-yr fixed avg.

Principal: $1,599,200Interest: $1,053,475
Mortgage Amount$1,599,200
Total Interest$1,053,475
Est. Property Tax$1,416/mo
Total Cost$2,652,675

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.

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Neighbourhood Guide: Rosebank

Discover Rosebank

Rosebank 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 Rosebank

  • Convenient location in Pickering
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Rosebank 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.

70
Walk Score
Varies
Price Range

576 Oakwood Drive, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,416
Insurance (est.)-$416
Net Cash Flow+$3,018

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $571/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 16 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 Pickering 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Pickering.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    576 Oakwood Drive, Pickering | $1,999,000 | Battaglia Team