5115 Westney Road, Pickering

Price: $1,299,000

6 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E12987442

13.5 acres, fenced all around, gated entry, Close to 407, Horse riding arena 50 X 72ft with no centre posts, 8 stall barn with loft, fenced compound for grazing and riding, chicken coop, Updated 4 bd, open concept style house with hardwood floors and updated kitchen with sitting area facing the forest. Forced air propane heat and central air, with fireplace in Family Room. Newer furnace. Sunny views from all sides. Rear of house backs onto forest and gently sloping down to meandering creek with footbridge to other side. Arena and Barn, both in good condition and have separate electrical panels and water is available for both places. Property under Power of Sale, no representations or warranties.

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New Listing
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$1,299,000 - 5115 Westney Road, Pickering

Detached for Sale in Pickering

New — Listed 6 days ago
6Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E12987442
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Pickering
Listing Brokerage
GET SOLD REALTY INC.
Description

13.5 acres, fenced all around, gated entry, Close to 407, Horse riding arena 50 X 72ft with no centre posts, 8 stall barn with loft, fenced compound for grazing and riding, chicken coop, Updated 4 bd, open concept style house with hardwood floors and updated kitchen with sitting area facing the forest. Forced air propane heat and central air, with fireplace in Family Room. Newer furnace. Sunny views from all sides. Rear of house backs onto forest and gently sloping down to meandering creek with footbridge to other side. Arena and Barn, both in good condition and have separate electrical panels and water is available for both places. Property under Power of Sale, no representations or warranties.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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
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Price Range

5115 Westney Road, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,909

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 $650/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 6 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.

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 $5,413 (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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