533 Oakwood Drive, Pickering, ON

$1,125,000
MLS#:E12097449
5 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
533 Oakwood Drive, Pickering, ON L1W 2M8
⚠️

Property no longer active

This property was sold on May 21, 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 and brick construction, this residence presents an exceptional opportunity offered at $1,125,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 100 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • Efficient baseboard heating via electric

Description

Exceptional Value in Bay Ridges! Welcome to 533 Oakwood Drive, an incredible opportunity in one of Pickering's most sought-after neighbourhoods. Located on the West side of Bay Ridges, where homes are known for their strong value and close-knit community feel, this property offers the ideal setting for families and future-focused buyers alike.Set on a wide, private lot, this spacious home is just moments from top-rated schools, the waterfront trail system, Rouge Beach, and the GO Station blending daily convenience with lakeside lifestyle.Inside, you'll find a bright and versatile layout with generous principal rooms, a family-friendly kitchen with space to grow, and four well-sized bedrooms on the upper level. The finished basement adds even more flexibility with a cozy rec room, home office, or play space tailored to your needs.Outside, the backyard is full of potential whether its entertaining, gardening, or giving the kids a safe place to play.Whether you're ready to move in or envisioning your next project, this is the kind of location and lot size that rarely becomes available especially on this side of the neighbourhood.

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Property Summary

This detached home located at 533 Oakwood Drive, Pickering is currently for sale and has been available on SousaSells for 471 days. This property is listed at $1,125,000 with an estimated mortgage of $3,745* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 533 Oakwood 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 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Rosebank, Pickering.

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

Growing families needing multi-bedroom flexibility and space in Rosebank, Pickering.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 21, 2025
Sold price information is available to members only
Listed Date4/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished
Lot Size50 × 100 Feet
CountyDurham
Annual Tax$6,487
Legal DescriptionPT LT 74 PL 350, PT 1 40R3866 ; PICKERING

Parking & Garage

Parking Total6.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 533 Oakwood Drive, Pickering, ON

Q.What is the asking price for 533 Oakwood Drive, Pickering, ON ?

The current listing price for 533 Oakwood Drive, Pickering, ON in Rosebank, Pickering is $1,125,000.

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

This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 533 Oakwood Drive, Pickering, ON ?

533 Oakwood Drive, Pickering, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

Location

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533 Oakwood 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 533 Oakwood Drive, Pickering, ON L1W 2M8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$337,500 (30.0%)
* Minimum Canadian down payment required for this price is $225,000.
Amortization Period30 Years
Estimated Monthly Payment$3,745Based on a loan of $787,500 over 30 years.
Purchase Price$1,125,000
Loan Amount$787,500
Provincial Land Transfer Tax:$18,975
Total Estimated Closing Taxes:$18,975

About Purchasing a Home in Pickering, ON

For a property listed at $1,125,000 in Pickering, the legal minimum down payment is $225,000 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 $18,975 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 $18,975.

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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.