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Rural Pickering, Pickering
$949,000
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.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $10,832 |
| Lot Size | 157.21 ft x 188.67 ft |
| mls© Number | E13741580 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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%
- $4,857
- Property tax
- $903
- Heat allowance
- $150
- Housing costs
- $5,910 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$182,000
gross annual household income
- Payment at 4%
- $3,994 / mo
- Cash down
- $189,800
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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