1281 Wharf Street, Pickering

Price: $1,474,800

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Townhouse

MLS#: E12975302

* Rare Opportunity to Live by the Lake * Modern Freehold End Unit Townhome with Spectacular Unobstructed Views of Frenchman's Bay, Lake Ontario and Beautiful Sunsets * Built 2016 * 3151 Sq Ft * 4 Bedrooms * 4 Bathrooms * 3 Balconies PLUS Rooftop Terrace with Views of the Lake * Bright Open-Concept With Tons Of Natural Light* Main Floor With 9 Ft. Ceilings and Hardwood Floors * Oak Stairs with Wrought Iron Pickets * Modern Kitchen With Quartz Counters, Centre Island and Butler's Pantry * Primary Bedroom Retreat With Large Walk-In Closet, Luxurious 7-Piece Ensuite and Walk-Out Balcony * Main Floor Features Family Room with Walk-Out to Patio With Interlock (No Grass to Cut), Bedroom & Full 4-Piece Bath - Ideal For In-Law Suite Potential With Walk Out To Back * Fantastic Location Steps To Waterfront, Trails, Parks, Schools, Shopping, Transit, Go Station & Easy Access To Hwy 401* Marshall Built Only 4 Custom Townhomes.

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$1,474,800 - 1281 Wharf Street, Pickering

Townhouse for Sale in Pickering

Popular Listing
4Beds
4Baths
3,000 - 3,499Sq Ft
Townhouse
Property Details
MLS Number
E12975302
Property Type
Townhouse
Status
active
Days on Site
9
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Pickering
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

* Rare Opportunity to Live by the Lake * Modern Freehold End Unit Townhome with Spectacular Unobstructed Views of Frenchman's Bay, Lake Ontario and Beautiful Sunsets * Built 2016 * 3151 Sq Ft * 4 Bedrooms * 4 Bathrooms * 3 Balconies PLUS Rooftop Terrace with Views of the Lake * Bright Open-Concept With Tons Of Natural Light* Main Floor With 9 Ft. Ceilings and Hardwood Floors * Oak Stairs with Wrought Iron Pickets * Modern Kitchen With Quartz Counters, Centre Island and Butler's Pantry * Primary Bedroom Retreat With Large Walk-In Closet, Luxurious 7-Piece Ensuite and Walk-Out Balcony * Main Floor Features Family Room with Walk-Out to Patio With Interlock (No Grass to Cut), Bedroom & Full 4-Piece Bath - Ideal For In-Law Suite Potential With Walk Out To Back * Fantastic Location Steps To Waterfront, Trails, Parks, Schools, Shopping, Transit, Go Station & Easy Access To Hwy 401* Marshall Built Only 4 Custom Townhomes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,523.54/mo

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5-yr fixed avg.

Principal: $1,179,840Interest: $777,221
Mortgage Amount$1,179,840
Total Interest$777,221
Est. Property Tax$1,045/mo
Total Cost$1,957,061

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

1281 Wharf Street, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,980/mo
Range: $3,383 - $4,577
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,980
Maintenance Fees-$0
Property Tax (est.)-$1,045
Insurance (est.)-$307
Net Cash Flow+$2,628

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 $492/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.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

Bathroom Count Matters

With 4 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 $6,145 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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