1525 Kingston Road Unit 506, Pickering

Price: $660,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E12900428

LOCATION LOCATION!! Must See ! ! 5 Years Old Townhome At Heart Of Pickering. Safe Family Friendly Community. This stunning 2-storey, 3-bedroom stacked townhome boasts incredible 9- foot ceilings and comes with 1 garage parking space. Very Functional Layout. Built by the Award Winning Builder - Daniels, this modern residence features an open concept layout, perfect for today's lifestyle.. Lots Of Natural Lights. Large Sunny Deck To Enjoy Sunshine and BBQ. Open-Concept Living/Dining Area & Kitchen. Very Convenient Location. Amenities: Playground, Greenhouse, Garden Plots. Steps To The Pickering Town Center, Shopping Plaza, Walmart, Canadian Tire, Banks, Restaurants, Community Centre, Library, Schools & Parks. 5 Minutes To Hwy 401 & Go Train. Move-in And Enjoy!

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$660,000 - 1525 Kingston Road Unit 506, Pickering

Condo for Sale in Pickering

89 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E12900428
Property Type
Condo
Status
active
Days on Site
89
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Pickering
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

LOCATION LOCATION!! Must See ! ! 5 Years Old Townhome At Heart Of Pickering. Safe Family Friendly Community. This stunning 2-storey, 3-bedroom stacked townhome boasts incredible 9- foot ceilings and comes with 1 garage parking space. Very Functional Layout. Built by the Award Winning Builder - Daniels, this modern residence features an open concept layout, perfect for today's lifestyle.. Lots Of Natural Lights. Large Sunny Deck To Enjoy Sunshine and BBQ. Open-Concept Living/Dining Area & Kitchen. Very Convenient Location. Amenities: Playground, Greenhouse, Garden Plots. Steps To The Pickering Town Center, Shopping Plaza, Walmart, Canadian Tire, Banks, Restaurants, Community Centre, Library, Schools & Parks. 5 Minutes To Hwy 401 & Go Train. Move-in And Enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,386.14/mo

Includes CMHC insurance ($18,414)

$
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5-yr fixed avg.

Principal: $594,000Interest: $403,429
Mortgage Amount$612,414
Total Interest$403,429
Est. Property Tax$468/mo
Total Cost$1,015,843

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

1525 Kingston Road Unit 506, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$468
Insurance (est.)-$138
Net Cash Flow+$1,534

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 $550/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 89 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 $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1525 Kingston Road Unit 506, Pickering | $660,000 | Battaglia Team