$860,000 - 1994 Faylee Crescent, Pickering
Detached for Sale in Pickering
71 days on market- MLS Number
- E12958988
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Pickering
- Listing Brokerage
- ZOLO REALTY
Beautifully renovated family home in a safe and convenient neighbourhood with approximately $80,000 in recent upgrades already completed, saving you time and money. The exterior has been fully redone with modern stucco, the driveway was repaved two years ago, and patio stone was professionally installed at the front entrance and along the side of the home for a clean, low-maintenance finish. Inside, the main floor was renovated two years ago, featuring a modern kitchen with updated appliances, new vinyl flooring throughout, a renovated powder room and a 4-piece bathroom, pot lights, and fresh paint across the entire home, creating a bright, move-in-ready space. The basement includes rough-ins for a future third bathroom and kitchen, offering excellent in-law or income potential. Enjoy a 1-car garage with direct access to the house, plus 3 additional driveway parking spaces, a landscaped yard with a wooden gazebo, and two garden sheds for extra storage. There is no leased HTW or furnace!! Everything is owned. Walking distance to Pickering Town Centre and Pickering GO Station, and just 3 minutes to Highway 401, All the amenities within walking distance. This home offers the perfect balance of upgrades, location, and long-term value. (Photos contain Virtual staging)
Estimate your monthly payments for this property
Estimated Payment
$4,412.25/mo
Includes CMHC insurance ($23,994)
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.
1994 Faylee Crescent, 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 $782/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 71 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.
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.
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 $3,583 (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.