$519,900 - 1540 Pickering Parkway Unit 301, Pickering
Condo for Sale in Pickering
- MLS Number
- E13160078
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Pickering
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- Re/Max All-Stars Realty Inc.
Welcome to Unit 301, 1540 Pickering Parkway! This third level corner unit is tucked away at the end of the hallway, away from the elevator and foot traffic! The three bedroom unit opens to a spacious foyer leading to an open concept living area, allowing you to soak in the natural light whether you are cooking, eating or enjoying a good book in the living room! The kitchen island is great for entertaining, or simply catching up with friends and family. Easy access to the private balcony allows you to enjoy that early morning coffee in peace on those lovely warm mornings. The primary bedroom offers a walk-in closet and access to the semi-ensuite bathroom. There is in-suite laundry. Maintenance fees include Rogers cable, internet & home phone package. The assigned parking space is steps from the building entry - perfect for those grocery hauls! Located in the heart of Pickering, this property has easy access to the Pickering GO Station and Highway 401. Need a place to unwind with some outdoor space? Several parks are a short walk away, providing many outdoor recreational activities. Steps away from an indoor recreation centre and just down the road from the Pickering City Centre, almost everything you need is right here, in this place you can call home!
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
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.
1540 Pickering Parkway Unit 301, Pickering
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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
Competitive Pricing
At $520/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.
Market Position
At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $2,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.