1192 & 1200 Kingston Rd Road, Pickering

Price: $2,798,800

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13021436

Rare land assembly opportunity in a rapidly evolving corridor of Pickering. 1192 & 1200 Kingston Rd must be sold together as one package, offering two adjoining parcels each measuring approximately 100 x 257 ft (slightly irregular), totalling ~1.02 acres combined. Both properties are being sold "as is, where is" with existing dwellings included. 1192 features a sidesplit, while 1200 offers a ranch-style bungalow. Both homes are currently livable but dated, with the primary value in the land. Located within the Kingston Road Intensification Corridor and subject to Official Plan Amendment (OPA 38) supporting higher-density and mixed-use redevelopment given its within an MTSA, this site represents a compelling opportunity for forward-looking buyers. Positioned in an area experiencing active redevelopment and intensification, and surrounded by ongoing and proposed development applications, the location offers strong momentum and long-term upside. Ideal for developers, builders, small contractors, or investors seeking land banking potential. Also well-suited for end-users or trades requiring ample outdoor space for equipment storage while planning future development. Strong potential for future redevelopment as per OPA 38 Kingston Road Corridor Intensification Plan. A unique opportunity to secure a sizeable footprint in a high-growth corridor poised for continued transformation. All showings must be arranged through the listing brokerage.

1192 & 1200 Kingston Rd Road - Detached photo 1 of 6 in Pickering, Ontario
1192 & 1200 Kingston Rd Road - Detached photo 2 of 6 in Pickering, Ontario
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$2,798,800 - 1192 & 1200 Kingston Rd Road, Pickering

Detached for Sale in Pickering

49 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13021436
Property Type
Detached
Status
active
Days on Site
49
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Pickering
Lot Size
1 sqft
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Rare land assembly opportunity in a rapidly evolving corridor of Pickering. 1192 & 1200 Kingston Rd must be sold together as one package, offering two adjoining parcels each measuring approximately 100 x 257 ft (slightly irregular), totalling ~1.02 acres combined. Both properties are being sold "as is, where is" with existing dwellings included. 1192 features a sidesplit, while 1200 offers a ranch-style bungalow. Both homes are currently livable but dated, with the primary value in the land. Located within the Kingston Road Intensification Corridor and subject to Official Plan Amendment (OPA 38) supporting higher-density and mixed-use redevelopment given its within an MTSA, this site represents a compelling opportunity for forward-looking buyers. Positioned in an area experiencing active redevelopment and intensification, and surrounded by ongoing and proposed development applications, the location offers strong momentum and long-term upside. Ideal for developers, builders, small contractors, or investors seeking land banking potential. Also well-suited for end-users or trades requiring ample outdoor space for equipment storage while planning future development. Strong potential for future redevelopment as per OPA 38 Kingston Road Corridor Intensification Plan. A unique opportunity to secure a sizeable footprint in a high-growth corridor poised for continued transformation. All showings must be arranged through the listing brokerage.

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Estimated Payment

$12,380.04/mo

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5-yr fixed avg.

Principal: $2,239,040Interest: $1,474,971
Mortgage Amount$2,239,040
Total Interest$1,474,971
Est. Property Tax$1,982/mo
Total Cost$3,714,011

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

1192 & 1200 Kingston Rd Road, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,982
Insurance (est.)-$583
Net Cash Flow+$635

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

Premium Pricing

At $1866/sqft, this property is priced above the Pickering average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 49 days on site, this property has exceeded the typical selling timeline for Pickering. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Pickering are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Pickering. Good resale value as demand remains consistent.

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 $11,662 (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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    1192 & 1200 Kingston Rd Road… — $2,798,800 | Battaglia Team