1655 Pickering Parkway Unit 507, Pickering

Price: $450,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12965824

Welcome to 1655 Pickering Parkway, Unit 507 - a spacious and upgraded 2+1 bedroom END-UNIT condo with spectacular views! This bright, sun-filled unit offers a functional layout with a large primary bedroom featuring a walk-in closet and private 4-piece ensuite. The solarium with new sunshades showcases stunning skyline views-perfect for a home office. A smart and practical layout tailored for modern living-featuring a private primary ensuite retreat plus a convenient and renovated 2-piece powder room for guests and everyday use. Ideal for first-time buyers and young couples, offering both privacy and functionality. Freshly painted and move-in ready, the unit also features an updated kitchen with full-sized appliances overlooking a cozy family room. Spacious living and dining areas provide beautiful natural light and sunset views. Includes in-suite laundry and a welcoming foyer with pot lights. Well-managed, quiet, and dog-friendly building with a mature community. Recent upgrades include modernized elevators (April 2025). Enjoy premium amenities: indoor pool, hot tub, sauna, gym, squash courts, guest suites, party/meeting rooms, underground parking, and visitor parking. Unbeatable location just off Hwy 401. Walk to Pickering Town Centre, Cineplex VIP, restaurants, parks, and more. Minutes to Walmart, LCBO, No Frills, Loblaws, GoodLife and more. On a school bus route. A rare end unit offering privacy, space, and convenience-don't miss it!

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$450,000 - 1655 Pickering Parkway Unit 507, Pickering

Condo for Sale in Pickering

Popular Listing
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12965824
Property Type
Condo
Status
active
Days on Site
11
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 Parkway, Unit 507 - a spacious and upgraded 2+1 bedroom END-UNIT condo with spectacular views! This bright, sun-filled unit offers a functional layout with a large primary bedroom featuring a walk-in closet and private 4-piece ensuite. The solarium with new sunshades showcases stunning skyline views-perfect for a home office. A smart and practical layout tailored for modern living-featuring a private primary ensuite retreat plus a convenient and renovated 2-piece powder room for guests and everyday use. Ideal for first-time buyers and young couples, offering both privacy and functionality. Freshly painted and move-in ready, the unit also features an updated kitchen with full-sized appliances overlooking a cozy family room. Spacious living and dining areas provide beautiful natural light and sunset views. Includes in-suite laundry and a welcoming foyer with pot lights. Well-managed, quiet, and dog-friendly building with a mature community. Recent upgrades include modernized elevators (April 2025). Enjoy premium amenities: indoor pool, hot tub, sauna, gym, squash courts, guest suites, party/meeting rooms, underground parking, and visitor parking. Unbeatable location just off Hwy 401. Walk to Pickering Town Centre, Cineplex VIP, restaurants, parks, and more. Minutes to Walmart, LCBO, No Frills, Loblaws, GoodLife and more. On a school bus route. A rare end unit offering privacy, space, and convenience-don't miss it!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.73/mo

Includes CMHC insurance ($12,555)

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5-yr fixed avg.

Principal: $405,000Interest: $275,065
Mortgage Amount$417,555
Total Interest$275,065
Est. Property Tax$319/mo
Total Cost$692,620

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)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,697

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 $450/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.

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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