2320 Meriadoc Drive, Pickering

Price: $899,999

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E12734732

Welcome to 2320 Meriadoc Drive, located in the sought-after Brock Ridge community of Pickering. This well-maintained detached two-storey home sits on a quiet, family-friendly street and offers exceptional space, flexibility, and long-term potential. Originally built as a four-bedroom home, the layout has been thoughtfully revised to create three spacious bedrooms on the upper level, providing generous room sizes and comfort. The finished basement extends the living space with two additional bedrooms, a recreation room, and a full bathroom, making it ideal for extended family, guests, home offices, or income potential. With three bathrooms above grade plus one in the basement, the home is well suited for growing or multi-generational families. The home is move-in ready and in good condition, allowing buyers to enjoy it immediately, while also offering excellent opportunities for cosmetic updates or renovations to personalize the space and increase future value. Enjoy an outstanding lifestyle location with Centennial Park just a 4-minute walk away, and an impressive range of recreational facilities within a 10-minute stroll, including playgrounds, ball diamonds, sports courts, sports fields, and outdoor recreation areas. Commuters will love being only 9 minutes to Pickering GO Station and 5 minutes to Highway 401.Families are well served by nearby schools such as Valley Farm Public School (2-minute drive) and St. Wilfrid Catholic School (3-minute drive). Everyday conveniences are close at hand with Seaton Centre Plaza just 8 minutes away, offering groceries, restaurants, fitness, banks, and more. A rare opportunity to own a solid, spacious home in a prime Pickering neighbourhood-move in now, update over time, and unlock its full potential. A must-see.

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$899,999 - 2320 Meriadoc Drive, Pickering

Detached for Sale in Pickering

136 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E12734732
Property Type
Detached
Status
active
Days on Site
136
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Pickering
Lot Size
5,662 sqft
Listing Brokerage
EXP REALTY
Description

Welcome to 2320 Meriadoc Drive, located in the sought-after Brock Ridge community of Pickering. This well-maintained detached two-storey home sits on a quiet, family-friendly street and offers exceptional space, flexibility, and long-term potential. Originally built as a four-bedroom home, the layout has been thoughtfully revised to create three spacious bedrooms on the upper level, providing generous room sizes and comfort. The finished basement extends the living space with two additional bedrooms, a recreation room, and a full bathroom, making it ideal for extended family, guests, home offices, or income potential. With three bathrooms above grade plus one in the basement, the home is well suited for growing or multi-generational families. The home is move-in ready and in good condition, allowing buyers to enjoy it immediately, while also offering excellent opportunities for cosmetic updates or renovations to personalize the space and increase future value. Enjoy an outstanding lifestyle location with Centennial Park just a 4-minute walk away, and an impressive range of recreational facilities within a 10-minute stroll, including playgrounds, ball diamonds, sports courts, sports fields, and outdoor recreation areas. Commuters will love being only 9 minutes to Pickering GO Station and 5 minutes to Highway 401.Families are well served by nearby schools such as Valley Farm Public School (2-minute drive) and St. Wilfrid Catholic School (3-minute drive). Everyday conveniences are close at hand with Seaton Centre Plaza just 8 minutes away, offering groceries, restaurants, fitness, banks, and more. A rare opportunity to own a solid, spacious home in a prime Pickering neighbourhood-move in now, update over time, and unlock its full potential. A must-see.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,617.46/mo

Includes CMHC insurance ($25,110)

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5-yr fixed avg.

Principal: $809,999Interest: $550,129
Mortgage Amount$835,109
Total Interest$550,129
Est. Property Tax$637/mo
Total Cost$1,385,238

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

2320 Meriadoc Drive, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,876

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.

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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Pickering.

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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2320 Meriadoc Drive, Pickering | $899,999 | Battaglia Team