1400 The Esplanade N/A Unit 120, Pickering

Price: $575,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: E13052308

MOST AFFORDABLE 1800 SQFT townhouse in an EXCLUSIVE GATED COMMUNITY known for its tranquil, park-like setting and UNBEATABLE CONVENIENCE in the heart of Pickering. TUCKED WITHIN the interior of this gated community, offering a quieter and more secure setting away from the main road (unlike the other townhomes). Surrounded by mature trees, charming parkettes, and winding walking paths, this home offers a unique blend of PRIVACY, SECURITY, AND UNBEATABLE URBAN CONVENIENCE. One of the largest 1,800 sq ft townhome in the complex, offering the MOST FUNCTIONAL & BEST LAYOUT and comfort of a detached home with the ease of MAINTENANCE-FREE LIVING. Thoughtfully designed, defined living spaces, with a functional multi-level layout, the 2nd floor features two generously sized bedrooms, a full bathroom, and a versatile family room which can be used as a home office, reading lounge, or additional family space. The 3rd floor is dedicated entirely to the private primary retreat, complete with a skylight, an oversized Master bedroom, a spacious walk-in closet, and a luxurious 4-piece ensuite featuring a whirlpool tub and separate shower. An ADDITIONAL STORAGE ROOM on the 3rd floor provides valuable extra space rarely found in townhomes. The BEAUTIFULLY UPGRADED KITCHEN is spacious and inviting with new shaker cabinetry, durable granite counters, timeless subway tiled backsplash, S/S appliances, an eat-in breakfast area, and a bonus pantry for more storage! Exceptional Convenience With TWO ENTRANCES - front door (visitor parking in front - great for guests or quickly dropping off kids and groceries) and DIRECT INDOOR ACCESS to your underground parking, keeping you warm and dry year-round. It's time to live a SECURE, CAREFREE & CONVENIENT LIFESTYLE of a condo with the SPACE, FEEL & FLEXIBILITY OF A DETACHED home!

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$575,000 - 1400 The Esplanade N/A Unit 120, Pickering

Condo for Sale in Pickering

49 days on market
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
E13052308
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
UNION CAPITAL REALTY
Description

MOST AFFORDABLE 1800 SQFT townhouse in an EXCLUSIVE GATED COMMUNITY known for its tranquil, park-like setting and UNBEATABLE CONVENIENCE in the heart of Pickering. TUCKED WITHIN the interior of this gated community, offering a quieter and more secure setting away from the main road (unlike the other townhomes). Surrounded by mature trees, charming parkettes, and winding walking paths, this home offers a unique blend of PRIVACY, SECURITY, AND UNBEATABLE URBAN CONVENIENCE. One of the largest 1,800 sq ft townhome in the complex, offering the MOST FUNCTIONAL & BEST LAYOUT and comfort of a detached home with the ease of MAINTENANCE-FREE LIVING. Thoughtfully designed, defined living spaces, with a functional multi-level layout, the 2nd floor features two generously sized bedrooms, a full bathroom, and a versatile family room which can be used as a home office, reading lounge, or additional family space. The 3rd floor is dedicated entirely to the private primary retreat, complete with a skylight, an oversized Master bedroom, a spacious walk-in closet, and a luxurious 4-piece ensuite featuring a whirlpool tub and separate shower. An ADDITIONAL STORAGE ROOM on the 3rd floor provides valuable extra space rarely found in townhomes. The BEAUTIFULLY UPGRADED KITCHEN is spacious and inviting with new shaker cabinetry, durable granite counters, timeless subway tiled backsplash, S/S appliances, an eat-in breakfast area, and a bonus pantry for more storage! Exceptional Convenience With TWO ENTRANCES - front door (visitor parking in front - great for guests or quickly dropping off kids and groceries) and DIRECT INDOOR ACCESS to your underground parking, keeping you warm and dry year-round. It's time to live a SECURE, CAREFREE & CONVENIENT LIFESTYLE of a condo with the SPACE, FEEL & FLEXIBILITY OF A DETACHED home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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

1400 The Esplanade N/A Unit 120, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,673

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 $359/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 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.

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.

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.

Bathroom Count Matters

With 3 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 $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1400 The Esplanade N/A Unit 120, Pickering | $575,000 | Battaglia Team