$1,669,999 - 583 Park Crescent, Pickering
Detached for Sale in Pickering
49 days on market- MLS Number
- E13050966
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Pickering
- Listing Brokerage
- EXP REALTY
A Rare Opportunity To Own A Custom-Built Bungaloft On A Premium 60 X 263 Ft Lot Just Minutes From Lake Ontario, Frenchman's Bay, And Pickering Marina.This Stunning Custom Built Bungaloft In The Prestigious West Shore Community Of Pickering, Where Luxury, Space, And Lifestyle Come Together Seamlessly. Set On An Exceptional Deep Landscaped Lot. This 3 Bedroom, 4 Bathroom Home Offers The Perfect Blend Of Upscale Finishes And Functional Design For Families. Step Inside To A Bright, Open-Concept Main Floor Featuring Soaring 9 Ft Ceilings, Hardwood Flooring, Pot Lights, And A Breathtaking Great Room With Dramatic 18 Ft Ceilings And A Striking Floor-To-Ceiling Porcelain Tile Gas Fireplace. A Separate Formal Dining Room Provides The Perfect Space For Entertaining. The Chef-Inspired Kitchen Is Designed To Impress, Complete With A Spacious Breakfast Island, Double Sink, Gas Cooktop, Built-In Oven And Microwave, Steamer Counter, Two Skylights Flooding The Space With Natural Light, A Chef's Desk, And A Convenient Butler's Pantry. Walk Out To A Massive Sundeck With A Hot Tub, Perfect For Entertaining Or Relaxing While Overlooking Your Private Backyard Oasis. The Main Floor Primary Suite Features A Walk-In Closet And A Spa-Inspired Ensuite With Heated Floors, Double Sinks, Heated Towel Rack, And A Large Glass Shower.Upstairs, Two Generously Sized Bedrooms With Ceiling Fans And A Full Bathroom.The Fully Finished Walkout Basement Expands Your Living Space With Laminate Flooring, Pot Lights, A Large Recreation Room, Additional Bedroom, Office Or Den, Exercise Area, And An Expansive Workshop And Storage Space And a 4 Piece Bathroom With Heated Floors. 3 Car Garage (W/Two 10' Doors) Located In One Of Pickering's Most Desirable Lakeside Neighbourhoods, This Home Offers Easy Access To Waterfront Trails, Parks, Schools, Shopping, And Major Commuter Routes Including Highway 401 And Go Transit.
Estimate your monthly payments for this property
Estimated Payment
$7,386.97/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.
583 Park Crescent, 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 $668/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 49 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.
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 $6,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.