840 Bem Avenue, Pickering

Price: $844,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12985440

Welcome to this beautifully maintained brick bungalow offering 3 plus 1 bedrooms and 2 updated bathrooms in one of Pickering's most sought-after lakeside neighborhoods. Warm, inviting, and thoughtfully updated, this home delivers comfort and style in a prime family-friendly location. Step inside to a bright main floor featuring hardwood flooring and pot lights that fill the space with natural and ambient light. The renovated kitchen is a standout, complete with stone countertops, wood cabinetry, and stainless steel appliances all surrounding a large island perfect for everyday living and entertaining. Three good-sized bedrooms complete the upper level. A convenient rear entrance with a chair lift that leads to the spacious lower level, currently used as an in-law suite with its own kitchen and bedroom retreat. This impressive space includes a laundry and a 3-piece bathroom, perfect for multigenerational living or a private suite. Plus, enjoy an exceptionally large storage area and an expansive rear deck ideal for entertaining. Located on a quiet, welcoming street, this home is just minutes from Lake Ontario, GO Station, Highway 401, parks, schools, and all the amenities that make Pickering such a desirable place to live.

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$844,900 - 840 Bem Avenue, Pickering

Detached for Sale in Pickering

66 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12985440
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Pickering
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to this beautifully maintained brick bungalow offering 3 plus 1 bedrooms and 2 updated bathrooms in one of Pickering's most sought-after lakeside neighborhoods. Warm, inviting, and thoughtfully updated, this home delivers comfort and style in a prime family-friendly location. Step inside to a bright main floor featuring hardwood flooring and pot lights that fill the space with natural and ambient light. The renovated kitchen is a standout, complete with stone countertops, wood cabinetry, and stainless steel appliances all surrounding a large island perfect for everyday living and entertaining. Three good-sized bedrooms complete the upper level. A convenient rear entrance with a chair lift that leads to the spacious lower level, currently used as an in-law suite with its own kitchen and bedroom retreat. This impressive space includes a laundry and a 3-piece bathroom, perfect for multigenerational living or a private suite. Plus, enjoy an exceptionally large storage area and an expansive rear deck ideal for entertaining. Located on a quiet, welcoming street, this home is just minutes from Lake Ontario, GO Station, Highway 401, parks, schools, and all the amenities that make Pickering such a desirable place to live.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,334.77/mo

Includes CMHC insurance ($23,573)

$
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5%10%50%

5-yr fixed avg.

Principal: $760,410Interest: $516,450
Mortgage Amount$783,983
Total Interest$516,450
Est. Property Tax$598/mo
Total Cost$1,300,432

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

840 Bem Avenue, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$598
Insurance (est.)-$176
Net Cash Flow+$2,426

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 $768/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 66 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Pickering. Good resale value as demand remains consistent.

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 $3,520 (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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    840 Bem Avenue, Pickering — $844,900 | Battaglia Team