$1,398,900 - 1485 Altona Road, Pickering
Detached for Sale in Pickering
56 days on market- MLS Number
- E13020628
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Pickering
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
A One-of-a-kind Location!!! This Nearly One-acre Property Presents Outstanding Development Potential In Highly Sought Out Rougement Community In Pickering.!! Spectacular Two Fully Serviced Lots In A Highly Desirable Location At Altona Road And Sheppard Avenue. The Severance Process Has Already Been Completed, With Only The PIN Registration Remaining, And More Than $60,000 In Development Expenses Have Been Covered-Offering Considerable Savings. The Property Also Includes An Existing Home With A Swimming Pool, Which Can Be Updated For Personal Living Or Used As A Rental Opportunity. Architectural Plans For Both Lots Are Included, Helping Streamline Your Next Steps. Whether You Decide To Build Your Dream Home Or Develop Both Parcels, Just Take Building Permit Away From Beginning Construction. Close To 401, Go Station, Public Transport.
Estimate your monthly payments for this property
Estimated Payment
$6,187.81/mo
5-yr fixed avg.
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.
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
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.
1485 Altona Road, Pickering
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $933/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 56 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.
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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.