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$949,000
Pickering
4973 Old Brock Road, Pickering, Ontario, L1Y1B1
This 3-bedroom, 3-bathroom home in Pickering is for sale offering roughly 1,750 sq ft of space. Listed at $949,000, it is attractively priced about 10% below the $1,049,000 median asking price in Pickering.
Unique opportunity in the heart of Claremont. Situated on a large corner parcel at Old Brock Rd and Wellington St, 4973 Old Brock offers over 1,500 sq. ft. of living space together with flexible ORM-C2-3 / ORM-R5 zoning and a range of residential and commercial possibilities. The existing 3-bedroom, 3-bathroom home features generous room sizes and a functional layout, with a new septic system recently installed. Well suited to renovators, builders, investors, commercial owner-users, live/work buyers or end users looking for a property with flexibility and long-term upside. The property benefits from substantial frontage on both Old Brock Rd and Wellington St. Future severance potential may also exist, subject to municipal, Regional, servicing, and all other required approvals. The commercial zoning component provides additional flexibility for a variety of potential uses. Located in the established Hamlet of Claremont with convenient access to Pickering, Stouffville, Markham and Highway 407. Property is being offered in its current condition. Buyers to conduct their own due diligence regarding zoning, permitted uses, servicing and future development potential. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 51 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Pickering is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $949,000, about 7.1× the local median household income of $133,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice