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Rougemount, Pickering
$1,198,000
A one-of-a-kind location with outstanding development potential located in Pickerings highly sought out Rougement Community! The property currently features an existing home with a swimming pool that can be renovated for personal use or rental income. Whether you choose to build your dream home or develop both lots, you are just a building permit away from starting construction. All severance processes are complete, with only the PIN registration remaining, and over $50,000 in development costs have already been paid, providing significant savings. Architectural plans for both lots are included, helping streamline your next steps. Close To 401, Go Station, Public Transport.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $10,190 |
| Lot Size | 97.2 ft x 317.95 ft |
| mls© Number | E13569234 |
| Listed By | ROYAL LEPAGE ASSOCIATES 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%
- $6,132
- Property tax
- $849
- Heat allowance
- $150
- Housing costs
- $7,131 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$219,000
gross annual household income
- Payment at 4%
- $5,041 / mo
- Cash down
- $239,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
- No similar listings found.



































































































































































































































































































































































































































































































































































































































































































































































































































































