1097 Silk Street, Pickering

Price: $650,000

2 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: E13001458

Mattamy Built Freehold Townhouse In Desirable Community Of Seaton.This beautifully maintained freehold townhome offers 2 bedrooms, 3 bathrooms, and a functional layout with no maintenance or POTL fees to worry about. Freshly painted and move in ready, this home is perfect for comfortable everyday living.The main level features a bright, open concept design with a modern kitchen complete with quartz countertops, a stylish backsplash, and stainless steel appliances. Throughout the home, California shutters add a timeless and elegant touch.Upstairs, you'll find two spacious bedrooms and the convenience of upper floor laundry. Step out from the dining area onto a covered deck, ideal for relaxing or entertaining in any weather.Additional highlights include a long driveway with parking for up to 3 cars, along with a private and practical layout that suits both families and downsizers alike.Located close to schools, parks, shopping, and major highways, this home offers the perfect balance of comfort and convenience.

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New Listing
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$650,000 - 1097 Silk Street, Pickering

Townhouse for Sale in Pickering

New — Listed 3 days ago
2Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
E13001458
Property Type
Townhouse
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Pickering
Listing Brokerage
HOUSESIGMA INC.
Description

Mattamy Built Freehold Townhouse In Desirable Community Of Seaton.This beautifully maintained freehold townhome offers 2 bedrooms, 3 bathrooms, and a functional layout with no maintenance or POTL fees to worry about. Freshly painted and move in ready, this home is perfect for comfortable everyday living.The main level features a bright, open concept design with a modern kitchen complete with quartz countertops, a stylish backsplash, and stainless steel appliances. Throughout the home, California shutters add a timeless and elegant touch.Upstairs, you'll find two spacious bedrooms and the convenience of upper floor laundry. Step out from the dining area onto a covered deck, ideal for relaxing or entertaining in any weather.Additional highlights include a long driveway with parking for up to 3 cars, along with a private and practical layout that suits both families and downsizers alike.Located close to schools, parks, shopping, and major highways, this home offers the perfect balance of comfort and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.84/mo

Includes CMHC insurance ($18,135)

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5-yr fixed avg.

Principal: $585,000Interest: $397,316
Mortgage Amount$603,135
Total Interest$397,316
Est. Property Tax$460/mo
Total Cost$1,000,451

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Pickering

Discover Pickering

Pickering is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Pickering

  • Convenient location in Pickering
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Pickering offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1097 Silk Street, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,605

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $591/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Pickering's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Pickering have shown strong appreciation as families seek more space.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Pickering properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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