238 Hoover Drive, Pickering

Price: $1,199,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13227122

Executive 4+1 bedroom family home offering over 3600 sq. ft. of beautifully designed total living space in highly sought-after Rougemount community. Bright, spacious, and meticulously maintained, this home features an open concept layout ideal for modern living and entertaining. The large eat-in kitchen boasts granite countertops, tumbled marble backsplash, abundant cabinetry, and convenient walk-outs from both the garage and side entrance. The primary bedroom includes a recently renovated ensuite, while the finished lower level offer exceptional flexibility with a large rec. room, kitchenette, and additional bedroom/gym space. Step outside to a beautifully landscaped, private fenced backyard-perfect for relaxing or entertaining guests. Ideally located close to top-rated schools, parks, transit, shopping and dining, this exceptional property is ready to welcome you home.

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active
New Listing
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$1,199,000 - 238 Hoover Drive, Pickering

Detached for Sale in Pickering

New — Listed 6 days ago
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13227122
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Pickering
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Executive 4+1 bedroom family home offering over 3600 sq. ft. of beautifully designed total living space in highly sought-after Rougemount community. Bright, spacious, and meticulously maintained, this home features an open concept layout ideal for modern living and entertaining. The large eat-in kitchen boasts granite countertops, tumbled marble backsplash, abundant cabinetry, and convenient walk-outs from both the garage and side entrance. The primary bedroom includes a recently renovated ensuite, while the finished lower level offer exceptional flexibility with a large rec. room, kitchenette, and additional bedroom/gym space. Step outside to a beautifully landscaped, private fenced backyard-perfect for relaxing or entertaining guests. Ideally located close to top-rated schools, parks, transit, shopping and dining, this exceptional property is ready to welcome you home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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

238 Hoover 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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,601

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 $600/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.

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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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