1655 Pickering Parkway Unit 507, Pickering

Price: $479,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12508636

Welcome to 1655 Pickering Pkwy # 507. A spacious & upgraded 2+1 B/R condo unit w/ spectacular views! Boasting a recently renovated 2 PC bathroom, along with other renovations, this end-unit condo offers a perfect blend of comfort, convenience & style. Located right off of Highway 401, this sun-filled unit features a large primary bedroom with a walk-in closet and a 4 piece en-suite. It has a bright solarium with recently installed sun shades, with stunning city line views- perfect for a home office. Enjoy the spacious living & dining areas with golden hour sunsets at dusk. Recently completed & a nice fresh touch is that the condo has been freshly painted. A terrific upgrade is the renovated kitchen with appliances, overlooking the cozy family room. Enter the unit into the large foyer with pot lights, along with an in-unit washer & dryer. The building features are clean, quiet & well managed resided by a community with a mature & respectful demographic. The building is dog-friendly & has newly modernized elevators as of April 2025. Amenities include a sauna, pool, hot tub, fitness center, guest suites, squash courts, party & meeting rooms, underground parking & overnight visitor parking. Another luxury of 1655 Pickering Parkway is the unbeatable location of this property that sits amidst abundant green space & gardens. This condo has a 1.6 km proximity to shopping & entertainment such as Pickering Town Center, Cineplex VIP & restaurants like Jack Astors. It is a 4 minute drive to Chestnut Hill Rec Center, a 5 min walk to nearby parks (playgrounds, sports courts, a 1.2 km outdoor track) & a 5 minute drive to Pickering Playing Fields. This condo is within 2 km from many of life's necessities including Walmart, LCBO, Dollarama, Rona, Goodlife, No Frills & Loblaws. Also of note is this address is on a school bus pick-up route. This rare end unit offers exceptional privacy, space, unbeatable walkability & a sunlit layout that truly feels like home. Come and take a look!

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$479,900 - 1655 Pickering Parkway Unit 507, Pickering

Condo for Sale in Pickering

136 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12508636
Property Type
Condo
Status
active
Days on Site
136
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
South West
Balcony
None
Listing Brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Description

Welcome to 1655 Pickering Pkwy # 507. A spacious & upgraded 2+1 B/R condo unit w/ spectacular views! Boasting a recently renovated 2 PC bathroom, along with other renovations, this end-unit condo offers a perfect blend of comfort, convenience & style. Located right off of Highway 401, this sun-filled unit features a large primary bedroom with a walk-in closet and a 4 piece en-suite. It has a bright solarium with recently installed sun shades, with stunning city line views- perfect for a home office. Enjoy the spacious living & dining areas with golden hour sunsets at dusk. Recently completed & a nice fresh touch is that the condo has been freshly painted. A terrific upgrade is the renovated kitchen with appliances, overlooking the cozy family room. Enter the unit into the large foyer with pot lights, along with an in-unit washer & dryer. The building features are clean, quiet & well managed resided by a community with a mature & respectful demographic. The building is dog-friendly & has newly modernized elevators as of April 2025. Amenities include a sauna, pool, hot tub, fitness center, guest suites, squash courts, party & meeting rooms, underground parking & overnight visitor parking. Another luxury of 1655 Pickering Parkway is the unbeatable location of this property that sits amidst abundant green space & gardens. This condo has a 1.6 km proximity to shopping & entertainment such as Pickering Town Center, Cineplex VIP & restaurants like Jack Astors. It is a 4 minute drive to Chestnut Hill Rec Center, a 5 min walk to nearby parks (playgrounds, sports courts, a 1.2 km outdoor track) & a 5 minute drive to Pickering Playing Fields. This condo is within 2 km from many of life's necessities including Walmart, LCBO, Dollarama, Rona, Goodlife, No Frills & Loblaws. Also of note is this address is on a school bus pick-up route. This rare end unit offers exceptional privacy, space, unbeatable walkability & a sunlit layout that truly feels like home. Come and take a look!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,462.14/mo

Includes CMHC insurance ($13,389)

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5-yr fixed avg.

Principal: $431,910Interest: $293,342
Mortgage Amount$445,299
Total Interest$293,342
Est. Property Tax$340/mo
Total Cost$738,641

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

1655 Pickering Parkway Unit 507, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$1,670

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 $480/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 136 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.

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.

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    MLS# E12508636 — 1655 Pickering Parkway Unit 507 | Battaglia Team