467 Oakwood Drive, Pickering

Price: $1,949,900

4 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E12992532

Stunning all brick 4-bedroom, 5-bath custom built family home on a rare 50 x 248 ft lot in the highly desirable Rosebank community. Ideally located just steps to top-rated schools, parks, Petticoat Creek Conservation Area, Rouge Park, Rouge beach, and scenic waterfront trails. Offering 4,507 sqft of above grade living space including a fully finished basement with two walk-outs. This beautifully upgraded home features new luxury vinyl plank flooring, a hardwood staircase, pot lights, all baths reno'd, upgraded lighting including pot lights, freshly painted and thoughtful finishes throughout. The main floor boasts a formal living room with crown moulding and a bay window overlooking the front gardens, along with an elegant formal dining room featuring French doors, smooth ceilings and a bay window with backyard views. The recently renovated kitchen with quartz countertops, a subway tile backsplash, pantry, breakfast bar, and updated stainless steel appliances. The adjoining breakfast area includes a garden door walk-out to a private, scenic backyard oasis. The impressive family room showcases a soaring cathedral ceiling, gas fireplace, and tranquil backyard views. A convenient main floor laundry room with direct garage access adds everyday practicality. Upstairs, you'll find new broadloom, 4 generously sized bedrooms, including a luxurious primary retreat with a walk-in closet and 5-piece ensuite featuring a granite double vanity, glass shower, and relaxing soaker tub. An open concept den area offers flexible space for a home office, sitting area, or playroom. The third level loft provides additional living space and could easily serve as a second primary suite, complete with a gas fireplace, hardwood floors, huge walk-in closet, and 3-piece bath. The finished above grade basement adds even more functional space with two walk-outs, a 2-piece bath, cold cellar, and ample storage. A rare opportunity to own in one of Pickering's most sought-after neighbourhoods!

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active
New Listing
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$1,949,900 - 467 Oakwood Drive, Pickering

Detached for Sale in Pickering

New — Listed 4 days ago
4Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E12992532
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Pickering
Listing Brokerage
TANYA TIERNEY TEAM REALTY INC.
Description

Stunning all brick 4-bedroom, 5-bath custom built family home on a rare 50 x 248 ft lot in the highly desirable Rosebank community. Ideally located just steps to top-rated schools, parks, Petticoat Creek Conservation Area, Rouge Park, Rouge beach, and scenic waterfront trails. Offering 4,507 sqft of above grade living space including a fully finished basement with two walk-outs. This beautifully upgraded home features new luxury vinyl plank flooring, a hardwood staircase, pot lights, all baths reno'd, upgraded lighting including pot lights, freshly painted and thoughtful finishes throughout. The main floor boasts a formal living room with crown moulding and a bay window overlooking the front gardens, along with an elegant formal dining room featuring French doors, smooth ceilings and a bay window with backyard views. The recently renovated kitchen with quartz countertops, a subway tile backsplash, pantry, breakfast bar, and updated stainless steel appliances. The adjoining breakfast area includes a garden door walk-out to a private, scenic backyard oasis. The impressive family room showcases a soaring cathedral ceiling, gas fireplace, and tranquil backyard views. A convenient main floor laundry room with direct garage access adds everyday practicality. Upstairs, you'll find new broadloom, 4 generously sized bedrooms, including a luxurious primary retreat with a walk-in closet and 5-piece ensuite featuring a granite double vanity, glass shower, and relaxing soaker tub. An open concept den area offers flexible space for a home office, sitting area, or playroom. The third level loft provides additional living space and could easily serve as a second primary suite, complete with a gas fireplace, hardwood floors, huge walk-in closet, and 3-piece bath. The finished above grade basement adds even more functional space with two walk-outs, a 2-piece bath, cold cellar, and ample storage. A rare opportunity to own in one of Pickering's most sought-after neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,625.07/mo

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5-yr fixed avg.

Principal: $1,559,920Interest: $1,027,600
Mortgage Amount$1,559,920
Total Interest$1,027,600
Est. Property Tax$1,381/mo
Total Cost$2,587,520

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: Pickering

Discover Pickering

Pickering 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 Pickering

  • 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

Pickering 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

467 Oakwood Drive, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,381
Insurance (est.)-$406
Net Cash Flow+$2,263

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 $557/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Pickering's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Pickering. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 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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