498 Rougemount Drive, Pickering, ON

$1,178,000
MLS#:E11895793
2 beds
2 baths
1500-2000 sqft
7.0 parking
Residential Freehold
498 Rougemount Drive, Pickering, ON L1W 2B9
⚠️

Property no longer active

This property was sold on January 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rosebank. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,178,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 45 x 620 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Separate Heating Controls, Countertop Range
  • equipped with central air central cooling and highly efficient baseboard heating via electric

Description

Attention DREAMERS + INVESTORS.......We Are Offering You COUNTRY LIVING In The City At The Toronto/Pickering Border. A Retro 1970s Custom Built Home That Was Enjoyed By The Original Owners Since It Was Built AND A Fantastic Workshop/Studio (not Serviced) With A Rouge Valley View. The House Is A 2 Bedroom, 2 Bathroom Home With Endless Opportunities For Your Imagination And A MILLION DOLLAR Ravine View! The Main Floor Features A Formal Dining Room, A Bright Country Kitchen, A Living Room And A Media Room. (The Media Room Could Be Converted To A 3rd Bedroom ) With Its Striking Vaulted Ceilings, The 2nd Floor Offers Stunning Visual Appeal And Features 2 Bedrooms (also With Vaulted Ceilings) A Large South Facing Family Room Plus A Light Filled Sitting Room. The Open Concept Family Room And Sitting Room Combination Are Surrounded By The Outdoors With Loads Of Windows And A Sliding Door Walk-Out To A Huge 7ft X 24ft Balcony Overlooking The Mature And Treed Yard. Being A Ravine Lot, There Is No One Behind You And The The Privacy Is Wonderful. The Extra-Deep 620 Foot Deep, Lot Features An Amazing 2 Level, Hillside Studio/Workshop (not Serviced) That Is Overlooking The Rouge Valley. The View, The Privacy, The Incredible Light And Oh The Possibilities!!! There Is Also A Large Detached Garage And A Private Drive With Parking For 6 Cars. This Is Truly A Unique Property With So Much Potential!

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Property Summary

This detached home located at 498 Rougemount Drive, Pickering is currently for sale and has been available on SousaSells for 596 days. This property is listed at $1,178,000 with an estimated mortgage of $3,921* per month. It has 2 beds, 2 bathrooms, and is 1500-2000 square feet. 498 Rougemount Drive, Pickering is in the Rosebank neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rosebank, Pickering.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 8, 2025
Sold price information is available to members only
Listed Date12/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding
BasementFull, Unfinished
Lot Size45 × 620 Feet
CountyDurham
Annual Tax$4,542
Legal DescriptionPT LTS 97, 141 & PT BLK F, PL 283 AS IN CO136784 ; PICKERING

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

  • River/Stream
  • Lake Backlot
  • Ravine

Interior Features

  • Separate Heating Controls
  • Countertop Range

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 498 Rougemount Drive, Pickering, ON

Q.What is the asking price for 498 Rougemount Drive, Pickering, ON ?

The current listing price for 498 Rougemount Drive, Pickering, ON in Rosebank, Pickering is $1,178,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 498 Rougemount Drive, Pickering, ON ?

498 Rougemount Drive, Pickering, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.

Q.What key property features does 498 Rougemount Drive, Pickering, ON offer?

Key property features include: River/Stream, Lake Backlot, Ravine.

Q.What interior features are included in this home?

Interior highlights include: Separate Heating Controls, Countertop Range.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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498 Rougemount Drive, Pickering, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 498 Rougemount Drive, Pickering, ON L1W 2B9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Pickering.

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Interest Rate4.00%
Down Payment$353,400 (30.0%)
* Minimum Canadian down payment required for this price is $235,600.
Amortization Period30 Years
Estimated Monthly Payment$3,921Based on a loan of $824,600 over 30 years.
Purchase Price$1,178,000
Loan Amount$824,600
Provincial Land Transfer Tax:$20,035
Total Estimated Closing Taxes:$20,035

About Purchasing a Home in Pickering, ON

For a property listed at $1,178,000 in Pickering, the legal minimum down payment is $235,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,035 for this transaction. As this listing is in Pickering (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,035.

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Rosebank, Pickering Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rosebank, Pickering.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,975,469

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Rosebank, Pickering

Elementary Schools

Pickering
Public415 Toynevale Road, Pickering, Ontario, L1W 2G9
7.8
Rosebank Road
Public591 Rosebank Road South, Pickering, Ontario, L1W 2N6
7.5
Fairport Beach
Public754 Oklahoma Drive, Pickering, Ontario, L1W 2H5
5.7
Fr Fenelon
Public795 Eyer Drive, Pickering, Ontario, L1W 2K2
6.4
Elizabeth B Phin
Public1500 Rougemount Drive, Pickering, Ontario, L1V 1N1
7.7

Secondary Schools

Pickering
Public415 Toynevale Road, Pickering, Ontario, L1W 2G9
6.8
Dunbarton
Public655 Sheppard Avenue, Pickering, Ontario, L1V 1G2
7.3
St. Mary
Catholic1918 Whites Road, Pickering, Ontario, L1V 1R9
7.1

Rosebank, Pickering Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.