1148 Dragonfly Avenue Unit 403, Pickering

Price: $730,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: E12965176

Stunning 2-level end-unit stacked condo townhouse with 1,715 sq. ft. of space by Mattamy Homes. Features 3 bedrooms (plus his and hers closets), 3 full bathrooms, 9-ft ceilings, and open-concept layout. Upgraded kitchen with granite counters, oversized island & stainless steel appliances. Laminate on main floor, upgraded oak stairs, and upgraded blinds throughout home. Over $13,000 in upgrades. Enjoy 2 balconies with unobstructed views. 3 separate entrances incl. direct garage access. One bedroom with private side entry-ideal for rental potential. 2 parking spaces (1 garage).Close to schools, parks, trails, Hwy 401/407 & all amenities.

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$730,000 - 1148 Dragonfly Avenue Unit 403, Pickering

Condo for Sale in Pickering

Popular Listing
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
E12965176
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Pickering
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

Stunning 2-level end-unit stacked condo townhouse with 1,715 sq. ft. of space by Mattamy Homes. Features 3 bedrooms (plus his and hers closets), 3 full bathrooms, 9-ft ceilings, and open-concept layout. Upgraded kitchen with granite counters, oversized island & stainless steel appliances. Laminate on main floor, upgraded oak stairs, and upgraded blinds throughout home. Over $13,000 in upgrades. Enjoy 2 balconies with unobstructed views. 3 separate entrances incl. direct garage access. One bedroom with private side entry-ideal for rental potential. 2 parking spaces (1 garage).Close to schools, parks, trails, Hwy 401/407 & all amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,745.28/mo

Includes CMHC insurance ($20,367)

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5-yr fixed avg.

Principal: $657,000Interest: $446,217
Mortgage Amount$677,367
Total Interest$446,217
Est. Property Tax$517/mo
Total Cost$1,123,584

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

1148 Dragonfly Avenue Unit 403, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$517
Insurance (est.)-$152
Net Cash Flow+$1,531

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 $456/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,042 (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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