$2,988,000 - 537 Marksbury Road, Pickering
Detached for Sale in Pickering
39 days on market- MLS Number
- E12864082
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Pickering
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Experience elevated lake side living in this impeccably designed 5,000sqft 4 car garage custom luxury residence situated on a rare oversized 60x160 foot fully landscaped lot, showcasing breathtaking lake views plus additional 1800sqft finished basement with exceptional craftsmanship throughout. Perfectly positioned to capture natural light and the beauty of the surrounding landscape, this immaculate home blends sophisticated design with everyday comfort.From the moment you enter, you are greeted by grand, open-concept living spaces, soaring ceilings, and designer finishes that create an atmosphere of refined elegance. The chef-inspired kitchen is a true centerpiece, featuring premium appliances, custom cabinetry, and an oversized island ideal for entertaining. Expansive windows,, while the spacious living and dining areas flow seamlessly to outdoor entertaining spaces designed to enjoy the serene lakeside setting. The luxurious primary retreat offers a private sanctuary complete with a spa-like ensuite and generous walk-in closet. Additional bedrooms are beautifully appointed, providing comfort and privacy for family and guests alike. Located directly off scenic trails and nature, residents will enjoy peaceful walks to nearby Petticoat Creek Conservation Area and Beach, where waterfront paths, green space, and stunning Lake Ontario views make it a perfect destination for outdoor recreation and relaxation.
Estimate your monthly payments for this property
Estimated Payment
$13,216.93/mo
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.
537 Marksbury Road, 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 $598/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 39 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.
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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.
Bathroom Count Matters
With 6 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.