1200 The Esplanade N/A Unit 501, Pickering

Price: $499,900

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13190864

Location! Location! This Lovely Unit is conveniently located in the Heart of Pickering. The Park, Mall, Buses, Go Train, Rec Centre, Library, Groceries, Restaurants, & other amenities are all steps away. 401 & 407 and Frenchman's Bay Waterfront are a few minutes drive. A Gatehouse with 24 Hr Security gives you peace of mind. All Utilities are Included with Cable TV & Fast Speed Internet. Ready to move in and enjoy the many Building Amenities. (Outdoor Pool, Sauna, BBQ, Gym, Games Room, Billiard & Pingpong, Party room, etc). Live Hassle Free & Relax more in this very well- maintained, very clean and newly updated building. Short walk to Go Train. Just move in and enjoy!

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$499,900 - 1200 The Esplanade N/A Unit 501, Pickering

Condo for Sale in Pickering

Popular Listing
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13190864
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL HERITAGE REALTY LTD.
Description

Location! Location! This Lovely Unit is conveniently located in the Heart of Pickering. The Park, Mall, Buses, Go Train, Rec Centre, Library, Groceries, Restaurants, & other amenities are all steps away. 401 & 407 and Frenchman's Bay Waterfront are a few minutes drive. A Gatehouse with 24 Hr Security gives you peace of mind. All Utilities are Included with Cable TV & Fast Speed Internet. Ready to move in and enjoy the many Building Amenities. (Outdoor Pool, Sauna, BBQ, Gym, Games Room, Billiard & Pingpong, Party room, etc). Live Hassle Free & Relax more in this very well- maintained, very clean and newly updated building. Short walk to Go Train. Just move in and enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

1200 The Esplanade N/A Unit 501, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,637

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 $555/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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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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    1200 The Esplanade N/A Unit 501… — $499,900 | Battaglia Team