1540 Marshcourt Drive, Pickering

Price: $1,100,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12999216

Welcome to this beautifully upgraded home offering style, functionality, and income potential in a prime location. The renovated main and upper levels feature laminate flooring, pot lights, and kitchen complete with stainless steel appliances, new cabinetry, and a sleek backsplash. A new powder room vanity and fully renovated primary ensuite add to the home's contemporary appeal. Major improvements-including a 200 AMP electrical panel and all new water piping-provide long-term peace of mind. The recently renovated, 1 bedroom finished legal basement apartment with a separate entrance offers excellent flexibility: live upstairs while generating rental income, or comfortably accommodate in-laws or multi-generational family with separate kitchens and private space. Ideally situated near Pickering Town Centre with convenient access to shopping, dining, parks, schools, public transit, Pickering GO Station, and Highway 401, this move-in-ready home combines modern living with unbeatable convenience.

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active
New Listing
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$1,100,000 - 1540 Marshcourt Drive, Pickering

Detached for Sale in Pickering

New — Listed 3 days ago
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12999216
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Pickering
Listing Brokerage
LOYALTY REAL ESTATE
Description

Welcome to this beautifully upgraded home offering style, functionality, and income potential in a prime location. The renovated main and upper levels feature laminate flooring, pot lights, and kitchen complete with stainless steel appliances, new cabinetry, and a sleek backsplash. A new powder room vanity and fully renovated primary ensuite add to the home's contemporary appeal. Major improvements-including a 200 AMP electrical panel and all new water piping-provide long-term peace of mind. The recently renovated, 1 bedroom finished legal basement apartment with a separate entrance offers excellent flexibility: live upstairs while generating rental income, or comfortably accommodate in-laws or multi-generational family with separate kitchens and private space. Ideally situated near Pickering Town Centre with convenient access to shopping, dining, parks, schools, public transit, Pickering GO Station, and Highway 401, this move-in-ready home combines modern living with unbeatable convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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

1540 Marshcourt Drive, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,192

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 $733/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Pickering's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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