411-1400 The Esplanade, Pickering, ON

Town Centre, Pickering · MLS® E13232240

$499,900
For Sale
Listed 44 days ago
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage
1800-1999Sq Ft

About this home

Welcome to The Esplanade, a sought-after gated community in the heart of Pickering! One of the largest corner townhome layouts in the complex, offering approximately 1,839 sq. ft. of well-designed living space. Ideally located just steps to Pickering Town Centre, GO Transit, Pickering Casino Resort, Pickering Recreation Complex, restaurants, shopping, and minutes to Hwy 401.The main floor features an open-concept layout with hardwood flooring, spacious living and dining areas, and a functional kitchen ideal for everyday living and entertaining. Upstairs, the oversized primary retreat boasts a sitting area, walk-in closet, and private 4-piece ensuite. Two additional generously sized bedrooms share a full bathroom, while a skylight fills the upper level with natural light.Enjoy seamless indoor-outdoor living with a walkout to a private interlocked terrace, perfect for relaxing or entertaining. Additional highlights include direct elevator access to the underground parking space, ensuite storage, ample visitor parking, and the privacy and security of a gated community.Across the street, the Pickering Recreation Complex offers exceptional amenities including a gym, swimming pool, skating rink, squash courts, and more, providing incredible value and convenience. An exceptional opportunity to own a spacious townhome in one of Pickering's most convenient and connected locations.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
E13232240
Bedrooms
3
Bathrooms
3 (1 half)
Size
1800-1999
Cross streets
Kingston & Valley Farm
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$951/mo
Exposure
East
Property tax
$4,239 / 2026
Days on market
44
Listing brokerage
REVEL REALTY INC.

Rooms

KitchenMain4.19 × 2.86 m

ceramic floor · eat-in kitchen · galley kitchen

Bedroom 3Third4.70 × 2.76 m

Broadloom

LoftThird4.65 × 2.43 m

Broadloom

Dining RoomMain7.19 × 3.05 m

combined w/living · hardwood floor · open concept

Living RoomMain7.19 × 3.05 m

combined w/dining · hardwood floor · open concept

Bedroom 2Third4.30 × 2.98 m

broadloom · double closet

Primary BedroomSecond5.70 × 4.95 m

broadloom · 3 pc ensuite · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$615Kest. value

Listed at $499,900, this home is about 19% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $620K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $550K
  • Adjusts to $550K

That comparable adjusts to $550K; the $615K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Glenanna Southbound @ The Esplanade (South side stop) is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$500KGreat deal$640KOverpriced

Total price vs nearby homes. Fair value about $615K, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Elevator: rare and valuable for accessibility and resale.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Town Centre · asking prices
$555kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

602-1400 The Esplanade$500k402-1400 The Esplanade N$550k702-1400 The Esplanade$550k306-1400 The Esplanade$575k212-1400 The Esplanade$600k

The 5 closest of 6 active listings nearby.

See all comparable homes
500kThis home500k550k550k575k600kThis home vs active comparables
Live market pulseActive comparables in Town Centre · median list $575K
$263this home / sqft
6active listings nearby
44days on market

This home lists 19% below the area average of $323/sqft.

0 days faster than the Pickering average (44 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Town Centre, 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.

Getting around

84/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Glenanna Southbound @ The Esplanade (South side stop), about 145 m away

20+ transit stops7 grocery20+ dining15 parks15 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Liverpool
$596K
Village East
$694K
Bay Ridges
$672K
West Shore
$593K
Woodlands
$569K

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
$2,278/mo
$120KIncome needed
4.2×Price ÷ income
$526Weekly cost
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.

64%mortgage
Mortgage $2,278Property tax $353Condo fee $951Total carry $3,583

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,438Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$353
Condo / maintenance fees
$951
Heating
$0
Estimated monthly cost
$3,438

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
Estimate$6,100/mo
$73,200Gross annual rent
9.8%Est. cap rate

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

14.6%
Gross yield
− Property tax $4,239− Condo fees $11,412− Insurance $600− Vacancy & upkeep $8,052Net operating income $48,897

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REVEL REALTY INC.. MLS®/PropTx.

CallRequest a showing