$875,000 - 362 Strouds Lane, Pickering
Townhouse for Sale in Pickering
- MLS Number
- E13154420
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Pickering
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Welcome to 362 Strouds Lane, a stunning freehold townhouse freshly painted ,nestled in the highly sought-after Highbush community. Perfectly blending modern upgrades with everyday convenience, this home is within comfortable walking distance to top-rated schools, vibrant playground parks, and the serene Altona Forest nature trails.The main level welcomes you with an upgraded powder room and a contemporary kitchen fully equipped with a brand-new dishwasher and induction cooktop. Unwind in the spacious family room, where massive windows flood the space with natural light and look out over your private, ravine backyard with no rear neighbours. Upstairs, you will find three generous bedrooms plus a versatile study -ideal for a home office. The primary retreat features a spacious layout complete with a private ensuite bathroom and a walk-in closet.The newly fully finished basement adds exceptional living space, boasting a Rec room, another den, a full washroom, a dedicated laundry room, cold room and plenty of storage space. Enjoy total peace of mind with major updates: Brand-new furnace with centrally controlled whole house humidifier, roof and appliances that are mostly 0-6 years old, a dedicated ready-to-use NEMA 14-50 outlet in the garage for electric vehicle (EV) charging. House is Move in Condition perfect for Growing family. Photos are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$4,489.20/mo
Includes CMHC insurance ($24,413)
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.
362 Strouds Lane, 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 $583/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 23 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.
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.
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 $3,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.