508 Cliffview Road, Pickering, ON

West Shore, Pickering · MLS® E13105200

$1,399,000
For Sale
Listed 136 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
3+1Bedrooms
3Bathrooms
4Parking
1500-2000Sq ft

About this home

In short

  • Welcome to this custom home with a one of a kind stunning layout with vaulted ceilings, large picture windows & plenty of space in generously sized rooms.
  • A small 3 pc bathroom on the main level.
  • The basement is suitable for an in-law suite with a multipurpose room, bedroom & 3 pc spa sized bathroom with marble tiled floors for multigenerational or multi...
  • There is deeded access to the waterfront trail that remains in effect if the home is renovated but not demolished.

Welcome to this custom home with a one of a kind stunning layout with vaulted ceilings, large picture windows & plenty of space in generously sized rooms. The lot size is among the largest in the area, featuring a very large front & backyard. Use the room inside the front door as a mud room, dining room or a home office, whichever suits your needs. A small 3 pc bathroom on the main level. The livingroom has a large gas fireplace with a beautiful brick surround & the open sight line from the huge front window to the patio in the backyard which is a private woodland retreat in the city with natural landscaping & is fully fenced. There is a side door that exits onto a covered patio at the side of the house.The stairway to the bedrooms features a beautiful blackwrought iron railing & the upper hallway overlooks the open livingroom area. From the livingroom you step down into the huge family room with a w/out to the backyard. The large kitchen has white quartz countertops & plenty of cupboards. Upstairs are three generously sized bedrooms each with large windows to let in lots of natural light. The basement is suitable for an in-law suite with a multipurpose room, bedroom & 3 pc spa sized bathroom with marble tiled floors for multigenerational or multi family living. More storage space can be found in a very large laundry room. This property has lots of parking with its long single wide driveway & no sidewalk so there is space for multiple vehicles which could be expanded if needed with space the huge front yard offers. You are steps away from a park & the lake which is visible from the street & the park. The area is ideal for long walks, & time spent outdoors. This lot has ample space for your additions, ideal for investors & developers. There is deeded access to the waterfront trail that remains in effect if the home is renovated but not demolished. Book your visit today. Remember if you love it, you better put an offer on it.

Key facts

Property type
Detached, 2-Storey
MLS®
E13105200
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
60 × 200 ft
Cross streets
Bayly St and West Shore Blvd
Parking
4 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,446 / 2026
Days on market
136
Listing brokerage
NEW ERA REAL ESTATE

Rooms

KitchenMain4.66 × 3.52 m

hardwood floor · closet · window

Utility RoomBasement6.51 × 4.04 m
OtherBasement4.76 × 3.63 m

marble floor · window

Bedroom 4Basement4.66 × 3.96 m

marble floor · window

Living RoomMain5.68 × 4.16 m

picture window · vaulted ceiling(s) · gas fireplace

Primary BedroomSecond3.50 × 3.55 m

hardwood floor · closet · window

FoyerMain3.11 × 1.19 m

Marble Floor

Bedroom 2Second3.50 × 3.47 m

hardwood floor · closet · window

Family RoomMain5.27 × 3.62 m

glass doors · hardwood floor · w/o to terrace

Bedroom 3Second3.91 × 2.56 m

hardwood floor · closet · window

Dining RoomMain4.66 × 2.87 m

hardwood floor · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.36Mlikely sale price

Listed at $1,399,000. Going by how homes in West Shore and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.36M, if it sells. A realistic range is $1.27M to $1.53M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 136 days on the market against about 20 for homes like it here, and asking 59% above where comparable closings put it.

List price
$1.27MBelow recent closings$1.53MAbove recent closings

Total price vs nearby homes. Likely closing about $1.36M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$887Kmedian sold price
97%of asking, on average
−8%prices vs a year ago
~16 dayshomes like this take to sell
136days on market so far
$3,028/moest. rent · 6 leases
2.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 10 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $799/sqft against an area asking average of $679/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.04M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in West Shore, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in West Shore over the past two years, from 138 closings there.

What sellers nearby are askingCurrently listed nearby in West Shore · asking prices
$832kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.06M, which is where my estimate comes from.

Per square foot, these ask about $589/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.40MThis home775k920k800kThis home vs active comparables

Neighbourhood & location

West Shore, Pickering, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rosebank
$1.50M
Woodlands
$1.49M
Bay Ridges
$1.11M
Dunbarton
$1.60M
Rougemount
$1.74M

Typical asking price of active listings of the same type, per area (outliers removed). Pickering.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$6,376/mo
$266KIncome needed
5.3×Price ÷ income
$1,471Weekly cost
$24,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $6,376Property tax $621Total carry $6,997

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,126per month

Mortgage amount $1,119,200 · 4.39% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,747Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,126
Property tax
$621
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,747

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,455
Estimated closing costs
$24,455

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,422/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$718,664Total interest paid
$1,837,864Total of all payments
Principal $1,119,200 Interest $718,664
YearPrincipalInterestBalance
1$25,326$48,188$1,093,874
2$26,450$47,064$1,067,424
3$27,624$45,891$1,039,800
4$28,850$44,665$1,010,950
5$30,130$43,384$980,819
6$31,468$42,047$949,351
7$32,864$40,650$916,487
8$34,323$39,192$882,164
9$35,846$37,668$846,318
10$37,437$36,077$808,881
11$39,099$34,416$769,782
12$40,834$32,681$728,948
13$42,646$30,868$686,302
14$44,539$28,976$641,763
15$46,516$26,999$595,248
16$48,580$24,934$546,668
17$50,736$22,778$495,932
18$52,988$20,527$442,944
19$55,340$18,175$387,604
20$57,796$15,719$329,808
21$60,361$13,154$269,448
22$63,040$10,475$206,408
23$65,837$7,677$140,571
24$68,759$4,755$71,811
25$71,811$1,703$0

At the end of your 5-year term

Total paid over the term
$367,573
Principal paid down
$138,381
Interest paid
$229,192
Balance remaining
$980,819

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 6 whole-home leases in West Shore$3,028/mo
$36,336Gross annual rent
1.7%Cap rate after taxes and upkeep
$2,730 to $3,350Typical rent range
~14 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in West Shore signed at a median of $3,241 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,028. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.6%
Gross yield
− Property tax $7,446− Insurance $1,400− Vacancy & upkeep $3,997Net operating income $23,493

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEW ERA REAL ESTATE. MLS®/PropTx.

CallRequest a showing