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Listed 5 months ago

597 Mariposa Avenue

3201 - Rockcliffe, Rockcliffe Park

$4,990,000

Detached|3-Storey
4 | 5 | 8
About this home

Rare waterfront family home set in the Old Village of Rockcliffe Park. Set on a 42,000+ square foot lot along the shores of Mackay Lake, this notable lakefront residence represents an offering seldom seen. This is a home that has long drawn admiration for its setting, privacy, and quiet luxury. Inspired by the coastal architecture of Maine and Nantucket, the home carries a timeless beauty. The property has a private dock and southern and western exposures bring light across the grounds throughout the day. A gracious front veranda and three well-placed balconies, accessed from the family room, primary suite, and ensuite bathroom, extend the living spaces outward and frame uninterrupted lake views. Nearly every principal room is oriented to the water, creating a calm and picturesque backdrop. The landscaped gardens and flagstone terraces offer privacy and natural beauty, while a triple garage, rarely found in the Old Village of Rockcliffe Park, adds a practical distinction. Properties of this calibre in Rockcliffe Park are held for generations and rarely offered to market. This is a singular opportunity to acquire one of Rockcliffe Park's true dream properties, a landmark home with a low heritage rating in an extraordinary setting.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$40,295
Lot Size133.87 ft x 231.74 ft
mls© NumberX12930804
Listed ByMARILYN WILSON DREAM PROPERTIES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$25,541
Property tax
$3,358
Heat allowance
$150
Housing costs
$29,049 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $998,000
25-yr amortization

Income needed

$894,000

gross annual household income

Payment at 4%
$20,999 / mo
Cash down
$998,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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