$735,000 - 1995 Royal Road Unit 143, Pickering
Condo for Sale in Pickering
135 days on market- MLS Number
- E12707146
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Pickering
- Locker
- None
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- ROYAL HERITAGE REALTY LTD.
This outstanding executive townhouse with parking for 2 is ideally situated in the best block of Chateau By The Park. Built by Coughlan Homes & Spanning over 2,000 square feet across three generous floors plus a finished basement, the home features an open-concept main level with a formal dining room, a well-equipped kitchen and a family room complete with a gas fireplace. French doors open to a private west-facing deck, perfect for entertaining or unwinding. Upstairs, the second floor offers two large bedrooms-one with two walk-in closets & a four-piece bathroom, and a convenient laundry room. The entire third floor is dedicated to the luxurious primary bedroom suite, boasting a sitting area, a four-piece ensuite, his and hers closets, and a juliette balcony. The lower level provides a spacious recreation area, ample storage, a two-piece bathroom, and direct access to heated underground parking with two side-by-side spots at the door and an additional spot close by. Water tap for washing your car. Kitchen-Aid kitchen appliances are still under warranty, and recent upgrades include new two pc baths. Every level features a bathroom, and the property has very low annual heating and hydro costs. The complex is well maintained with all exterior maintenance-roof, doors, decks, tree replacement, and grass cutting-handled for you, supported by a large reserve fund for ongoing upkeep. Residents enjoy a range of amenities, including Rogers Xfinity cable, high-speed internet, water, parking, snow removal, landscaping, and exterior window maintenance included in the condo fees. The community offers a newly renovated party room for gatherings and a private mailroom for convenience, as well as abundant visitor parking and easy access to transportation and shopping, including quick entry to Highway 401. This well-appointed home presents a unique opportunity for spacious, comfortable, and maintenance-free living in a prime location. Be sure to click through the virtual tour.
Estimate your monthly payments for this property
Estimated Payment
$3,770.93/mo
Includes CMHC insurance ($20,507)
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.
1995 Royal Road Unit 143, 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 $368/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 135 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.
Bathroom Count Matters
With 4 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 $3,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.