1995 Royal Road Unit 136, Pickering

Price: $725,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: E12984552

This impeccably renovated courtside residence, upgraded from top to bottom, is move-in ready and located in a highly desirable neighbourhood. The main level features a spacious layout with separate dining and family rooms, complemented by an eat-in kitchen equipped with newly installed appliances and new flooring (2025) on both the main and upper levels, new pot lights (2025), stainless steel appliances , and lots of space. 3rd floor master bedroom is huge size with a 5 piece ensuite bath. 2nd floor has 2 generous size bedroom 1 full bath and laundry. Basement with huge size rec room with and entrance directly from underground garage. This home comes with 2 good size parkings.

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New Listing
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$725,000 - 1995 Royal Road Unit 136, Pickering

Condo for Sale in Pickering

New — Listed 7 days ago
3Beds
3Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
E12984552
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Pickering
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

This impeccably renovated courtside residence, upgraded from top to bottom, is move-in ready and located in a highly desirable neighbourhood. The main level features a spacious layout with separate dining and family rooms, complemented by an eat-in kitchen equipped with newly installed appliances and new flooring (2025) on both the main and upper levels, new pot lights (2025), stainless steel appliances , and lots of space. 3rd floor master bedroom is huge size with a 5 piece ensuite bath. 2nd floor has 2 generous size bedroom 1 full bath and laundry. Basement with huge size rec room with and entrance directly from underground garage. This home comes with 2 good size parkings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,719.63/mo

Includes CMHC insurance ($20,228)

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5-yr fixed avg.

Principal: $652,500Interest: $443,160
Mortgage Amount$672,728
Total Interest$443,160
Est. Property Tax$514/mo
Total Cost$1,115,888

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

1995 Royal Road Unit 136, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$514
Insurance (est.)-$151
Net Cash Flow+$1,595

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 $363/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.

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.

Bathroom Count Matters

With 3 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 $3,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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