1240 Mulmur Court, Pickering

Price: $899,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: E12603242

Beautifully updated home that feels like a detached, connected only by the garage. Located on a quiet court beside a park and playground, this property offers a rare combination of privacy and convenience. The large pie-shaped lot features a private backyard, perfect for families or entertaining.Fully renovated from top to bottom, the main floor showcases engineered hardwood, a modern kitchen with brand-new stainless-steel appliances, quartz countertops, a breakfast bar, and an open view to the formal dining area with a walk-out to the deck.Upstairs, you'll find four generous bedrooms, including two with access to a balcony. One bedroom can easily function as a family room or home office.This home sits at the quiet end of the court, right beside green space, offering a peaceful and family-friendly setting.

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$899,000 - 1240 Mulmur Court, Pickering

Semi-Detached for Sale in Pickering

137 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
E12603242
Property Type
Semi-Detached
Status
active
Days on Site
137
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Pickering
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Beautifully updated home that feels like a detached, connected only by the garage. Located on a quiet court beside a park and playground, this property offers a rare combination of privacy and convenience. The large pie-shaped lot features a private backyard, perfect for families or entertaining.Fully renovated from top to bottom, the main floor showcases engineered hardwood, a modern kitchen with brand-new stainless-steel appliances, quartz countertops, a breakfast bar, and an open view to the formal dining area with a walk-out to the deck.Upstairs, you'll find four generous bedrooms, including two with access to a balcony. One bedroom can easily function as a family room or home office.This home sits at the quiet end of the court, right beside green space, offering a peaceful and family-friendly setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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

1240 Mulmur Court, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,376

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 $599/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.

Negotiation Opportunity

At 137 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 $3,746 (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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    MLS# E12603242 — 1240 Mulmur Court | Battaglia Team