727 Balaton Avenue, Pickering

Price: $999,900

6 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13161004

Welcome to this Immaculate Family-Sized Detached Bungalow House, Nestled in one of Pickering's most sought-after Waterfront Communities. just moments from the waterfront. Boutique shops, parks, trails and top-rated schools are all within walking distance. Ideal for the summer days ahead. Total 6 Bedrooms, 4 Bathrooms, 2 Kitchens. Main Floor 4 Bedrooms, 2 Bathrooms, 1 Powder Room. Laundry on Main Floor! Brand new hardwood flooring and freshly painting. The main floor has just been renovated. The spacious and stylish 2 Bedroom In-Law Suite at Basement with Separate Entrance lowers your mortgage payment by $2000 per month or generates extra income. Backs onto greenspace. Large Front Patio and Rear Deck. Very nice 10x10 Garden Shed provides extra storage space. Property Inspection Report available.

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$999,900 - 727 Balaton Avenue, Pickering

Detached for Sale in Pickering

6Beds
4Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13161004
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
6
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Pickering
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Welcome to this Immaculate Family-Sized Detached Bungalow House, Nestled in one of Pickering's most sought-after Waterfront Communities. just moments from the waterfront. Boutique shops, parks, trails and top-rated schools are all within walking distance. Ideal for the summer days ahead. Total 6 Bedrooms, 4 Bathrooms, 2 Kitchens. Main Floor 4 Bedrooms, 2 Bathrooms, 1 Powder Room. Laundry on Main Floor! Brand new hardwood flooring and freshly painting. The main floor has just been renovated. The spacious and stylish 2 Bedroom In-Law Suite at Basement with Separate Entrance lowers your mortgage payment by $2000 per month or generates extra income. Backs onto greenspace. Large Front Patio and Rear Deck. Very nice 10x10 Garden Shed provides extra storage space. Property Inspection Report available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5%10%50%

5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

727 Balaton Avenue, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$3,084

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 $909/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.

Market Position

At 26 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.

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 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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    727 Balaton Avenue, Pickering | $999,900 | Battaglia Team