573 Marksbury Road, Pickering

Price: $1,048,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12634538

Welcome to this well-maintained and versatile 3+2 bedroom, 2-bath home offering comfort, functionality, and great potential for families or investors alike. The main level features a bright and inviting living space with large windows, a functional kitchen with ample cabinetry, and generously sized bedrooms perfect for growing families. The finished basement includes two additional bedrooms, a full bath, and a flexible living space ideal for an extended family, guests, a home office, or potential rental income. Enjoy a private backyard perfect for relaxing, entertaining, or summer barbecues, along with ample parking and a quiet, family-friendly neighbourhood close to schools, parks, shopping, transit, and major highways. This home offers an excellent opportunity to move in, invest, or customize to your taste while enjoying a convenient and desirable location.

573 Marksbury Road - Detached photo 1 of 1 in Pickering, Ontario
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$1,048,000 - 573 Marksbury Road, Pickering

Detached for Sale in Pickering

134 days on market
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12634538
Property Type
Detached
Status
active
Days on Site
134
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Pickering
Listing Brokerage
RE/MAX ACE REALTY INC.
Description

Welcome to this well-maintained and versatile 3+2 bedroom, 2-bath home offering comfort, functionality, and great potential for families or investors alike. The main level features a bright and inviting living space with large windows, a functional kitchen with ample cabinetry, and generously sized bedrooms perfect for growing families. The finished basement includes two additional bedrooms, a full bath, and a flexible living space ideal for an extended family, guests, a home office, or potential rental income. Enjoy a private backyard perfect for relaxing, entertaining, or summer barbecues, along with ample parking and a quiet, family-friendly neighbourhood close to schools, parks, shopping, transit, and major highways. This home offers an excellent opportunity to move in, invest, or customize to your taste while enjoying a convenient and desirable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,635.66/mo

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5-yr fixed avg.

Principal: $838,400Interest: $552,297
Mortgage Amount$838,400
Total Interest$552,297
Est. Property Tax$742/mo
Total Cost$1,390,697

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

573 Marksbury Road, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$742
Insurance (est.)-$218
Net Cash Flow+$2,640

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

Fair Market Value

At $953/sqft, this property is priced in line with current Pickering market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 134 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.

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 5 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 $4,367 (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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    573 Marksbury Road, Pickering — $1,048,000 | Battaglia Team