2968 Peter Matthews Drive Unit Nova Model, Pickering

Price: $898,990

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E12588058

Discover contemporary elegance in this brand new freehold townhouse by Fieldgate Homes. The highly sought after Nova Model offers approximately 1796 sqft of impeccably crafted living space, plus an additional 72 sqft of finished lower-level area - perfectly designed for today's modern lifestyle. Step inside to a bright, airy layout highlighted by hardwood flooring, upgraded finishes, and an expansive great room featuring an electric fireplace, ideal for both stylish entertaining and everyday comfort. The chef-inspired kitchen showcases refined upgrades, complete with a generous breakfast area, sleek cabinetry, a convenient pantry and ample space for casual dining or morning coffee. With 4 well appointed bedrooms and 3 contemporary bathrooms, this home effortlessly blends sophistication with functionality. The primary suite impresses with a spacious walk-in closet and a spa like 3 piece ensuite, offering a serene retreat at the end of the day. This is an exceptional opportunity to own a luxurious, never lived in townhouse that combines timeless style with modern comfort. Your future home awaits.

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$898,990 - 2968 Peter Matthews Drive Unit Nova Model, Pickering

Townhouse for Sale in Pickering

137 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E12588058
Property Type
Townhouse
Status
active
Days on Site
137
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Pickering
Listing Brokerage
RE/MAX PREMIER INC.
Description

Discover contemporary elegance in this brand new freehold townhouse by Fieldgate Homes. The highly sought after Nova Model offers approximately 1796 sqft of impeccably crafted living space, plus an additional 72 sqft of finished lower-level area - perfectly designed for today's modern lifestyle. Step inside to a bright, airy layout highlighted by hardwood flooring, upgraded finishes, and an expansive great room featuring an electric fireplace, ideal for both stylish entertaining and everyday comfort. The chef-inspired kitchen showcases refined upgrades, complete with a generous breakfast area, sleek cabinetry, a convenient pantry and ample space for casual dining or morning coffee. With 4 well appointed bedrooms and 3 contemporary bathrooms, this home effortlessly blends sophistication with functionality. The primary suite impresses with a spacious walk-in closet and a spa like 3 piece ensuite, offering a serene retreat at the end of the day. This is an exceptional opportunity to own a luxurious, never lived in townhouse that combines timeless style with modern comfort. Your future home awaits.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.28/mo

Includes CMHC insurance ($25,082)

$
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5-yr fixed avg.

Principal: $809,091Interest: $549,513
Mortgage Amount$834,173
Total Interest$549,513
Est. Property Tax$637/mo
Total Cost$1,383,685

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

2968 Peter Matthews Drive Unit Nova Model, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,256

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 $599/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 137 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Pickering have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Pickering. Good resale value as demand remains consistent.

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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2968 Peter Matthews Drive Unit… — $898,990 | Battaglia Team