576 Oakwood Drive, Pickering

$1,999,000
576 Oakwood Drive

$1,999,000

New
77d
Detached2-Storey

576 Oakwood Drive, Pickering

Total Monthly Obligation $9,548

Beds
6
Baths
6
Park
6
Sqft
3500-5000
DOM
77d
Score
15
Yield
3.5%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-E13650454
Beds-6
Bathrooms-6
Size-3500-5000 sqft
Lot Size-50 × 156 ft
Listed on site-Aug 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$13,319.39 (2026)
Parking-8 - Attached
Basement-Apartment, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rosebank
Title-Residential Freehold

No agent assigned

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.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$9,548/mo
Mortgage $8,063
Monthly Loss $7,426
Principal$2,122
Interest$5,942
Property Tax$1,110
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$70,404/yr
NOI
$45,544/yr
Net Cash Flow
-$4,268/mo
Cash Margin
-72.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
13.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 576 Oakwood Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.