2550 Castlegate Crossing Unit 419, Pickering

Price: $629,000

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13120138

Welcome to Nu Towns by Madison Group in the desirable Duffin Heights community. Built in 2021, this interior facing 2 bedroom & 2.5 bath townhome offers modern living with comfort and convenience in mind. The bright open-concept layout features 9 ft ceilings, large windows, and elegant finishes throughout. The contemporary kitchen is designed for both everyday living and entertaining, complete with granite countertops, stainless steel built-in appliances, and a centre island with breakfast bar. Upstairs, both bedrooms boast their own private ensuites, alongside the convenience of upper-level laundry. Additional highlights include an oak staircase, private balcony, garage, and driveway parking. Ideally located just minutes to Highways 401 & 407, GO Transit, shopping, dining, parks, golf courses, Seaton Hiking Trail, and top-rated schools, this move-in ready home offers the perfect balance of peaceful living and urban convenience.

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$629,000 - 2550 Castlegate Crossing Unit 419, Pickering

Condo for Sale in Pickering

34 days on market
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13120138
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Pickering
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Welcome to Nu Towns by Madison Group in the desirable Duffin Heights community. Built in 2021, this interior facing 2 bedroom & 2.5 bath townhome offers modern living with comfort and convenience in mind. The bright open-concept layout features 9 ft ceilings, large windows, and elegant finishes throughout. The contemporary kitchen is designed for both everyday living and entertaining, complete with granite countertops, stainless steel built-in appliances, and a centre island with breakfast bar. Upstairs, both bedrooms boast their own private ensuites, alongside the convenience of upper-level laundry. Additional highlights include an oak staircase, private balcony, garage, and driveway parking. Ideally located just minutes to Highways 401 & 407, GO Transit, shopping, dining, parks, golf courses, Seaton Hiking Trail, and top-rated schools, this move-in ready home offers the perfect balance of peaceful living and urban convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

$
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5%10%50%

5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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

2550 Castlegate Crossing Unit 419, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,133

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 $629/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.

Market Position

At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $2,621 (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.

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    2550 Castlegate Crossing Unit 4… — $629,000 | Battaglia Team