1327 Commerce Street, Pickering

Price: $739,900

6 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E12769222

Discover an exceptional opportunity in one of Pickering's most prestigious waterfront communities. This premium 60 x 94.45 ft lot offers the perfect setting to build your custom dream home just steps from the breathtaking Pickering Waterfront, Lake Ontario, and Frenchman's Bay. Alternatively, enjoy or generate income from the well-maintained, updated bungalow while planning your future build.Situated on a prominent corner lot at Liverpool Road and Commerce Street, this spacious 3+3 bedroom bungalow is surrounded by prestigious multi-million-dollar residences and lush natural surroundings. Located in a charming beachside village, residents enjoy walkable access to boutique shops, restaurants, cafés, a marina, waterfront trails, cycling paths, and year-round recreational activities.An ideal opportunity for end-users, builders, or investors-live in, rent out, or redevelop in a high-demand lakeside neighbourhood offering lifestyle, convenience, and long-term value.

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$739,900 - 1327 Commerce Street, Pickering

Detached for Sale in Pickering

103 days on market
6Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E12769222
Property Type
Detached
Status
active
Days on Site
103
Bedrooms
6
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Pickering
Listing Brokerage
CENTURY 21 TITANS REALTY INC.
Description

Discover an exceptional opportunity in one of Pickering's most prestigious waterfront communities. This premium 60 x 94.45 ft lot offers the perfect setting to build your custom dream home just steps from the breathtaking Pickering Waterfront, Lake Ontario, and Frenchman's Bay. Alternatively, enjoy or generate income from the well-maintained, updated bungalow while planning your future build.Situated on a prominent corner lot at Liverpool Road and Commerce Street, this spacious 3+3 bedroom bungalow is surrounded by prestigious multi-million-dollar residences and lush natural surroundings. Located in a charming beachside village, residents enjoy walkable access to boutique shops, restaurants, cafés, a marina, waterfront trails, cycling paths, and year-round recreational activities.An ideal opportunity for end-users, builders, or investors-live in, rent out, or redevelop in a high-demand lakeside neighbourhood offering lifestyle, convenience, and long-term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,796.07/mo

Includes CMHC insurance ($20,643)

$
$
5%10%50%

5-yr fixed avg.

Principal: $665,910Interest: $452,268
Mortgage Amount$686,553
Total Interest$452,268
Est. Property Tax$524/mo
Total Cost$1,138,821

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

1327 Commerce Street, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$524
Insurance (est.)-$154
Net Cash Flow+$3,322

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

Fair Market Value

At $1057/sqft, this property is priced in line with current Pickering market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 103 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.

Efficient Living

At 700 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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Pickering.

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 $3,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# E12769222 — 1327 Commerce Street, Pickering | Battaglia Team