601-1530 Pickering Parkway, Pickering, ON

Town Centre, Pickering · MLS® E13234960

$509,900
For Sale
Listed 44 days ago
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3Bedrooms
2Bathrooms
1Parking
1000-1199Sq Ft

About this home

Beautiful Renovated Dream Kitchen, Quartz Counters, Stainless Steel Appliances, Center Island, Soft Close Pull Out Drawers, Pot Lights, Fabulous Open Concept Overlooking the Living and Dining Room/ Lovely Bright Rooms, Top Floor - North/West Corner Unit with Great Views toward Downtown Toronto and Sunsets. Spacious Layout Perfect for Entertaining and Family Gatherings, Great Unit for Starting out or Downsizing. Sought After Village at the Pines by Tridel . Approximately 1,100 sq. ft. of Move-In Ready Living Space. Featuring an open-concept layout filled with natural light, an renovated kitchen to die for (Dining Room currently being used as an office.) convenient In-Suite Laundry, and a Covered Balcony. The Primary Bedroom includes a Semi-Ensuite Bath and Walk-in Closet. Exceptional location within walking distance to the GO Station, Pickering Town Centre, Parks, Medical Centre, Library, Shopping, Restaurants, Future Pickering City Centre and quick access to the 401. Low Maintenance Fees include Water, Cable TV, Home Phone, Internet, Building Insurance & Common Elements, One Exclusive Use Parking with the current owner renting an additional space for $35. over the last few years.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13234960
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Valley Farm Rd & Pickering Pkwy
Parking
1 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$562/mo
Exposure
North West
Property tax
$3,290 / 2026
Days on market
44
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Bedroom 2Flat3.33 × 3.10 m

laminate · closet · large window

KitchenFlat4.94 × 2.38 m

centre island · quartz counter · stainless steel appl

Primary BedroomFlat3.62 × 2.92 m

laminate · walk-in closet(s) · semi ensuite

Dining RoomFlat3.16 × 2.80 m

laminate · open concept · w/o to balcony

Living RoomFlat4.44 × 3.21 m

laminate · open concept · large window

Bedroom 3Flat2.73 × 2.72 m

laminate · closet · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$475Kest. value

Listed at $509,900, this home is about 7% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($464/sqft) is below the area, so you are paying for extra space rather than a premium.

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 $466K, 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 $399K
  • Adjusts to $399K

That comparable adjusts to $399K; the $475K 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. Pickering Parkway Eastbound @ Valley Farm is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$413KGreat deal$510KOverpriced

Total price vs nearby homes. Fair value about $475K, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Town Centre · asking prices
$484kavg asking

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

402-1525 Diefenbaker Court$509k609-1540 Pickering Parkway$475k206-1530 Pickering Parkway$500k501-1200 The Esplanade$539k109-1535 Diefenbaker Court$399k

The 5 closest of 7 active listings nearby.

See all comparable homes
510kThis home509k475k500k539k399kThis home vs active comparables
Live market pulseActive comparables in Town Centre · median list $509K
$464this home / sqft
10active listings nearby
44days on market

This home lists 10% below the area average of $513/sqft.

2 days longer than the Pickering average (42 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

76/ 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: Pickering Parkway Eastbound @ Valley Farm, about 49 m away

20+ transit stops8 grocery20+ dining13 parks14 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.

Village East
$480K
Bay Ridges
$491K

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
$2,324/mo
$112KIncome needed
4.6×Price ÷ income
$536Weekly 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.

74%mortgage
Mortgage $2,324Property tax $274Condo fee $562Total carry $3,160

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)
$2,177per month

Mortgage amount $407,920 · 4.14% over 25 years

$101,980Down payment (20.0%)
$407,920Loan before insurance
$0CMHC premium
$3,013Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,177
Property tax
$274
Condo / maintenance fees
$562
Heating
$0
Estimated monthly cost
$3,013

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

One-time closing costs

Ontario land transfer tax
$6,673
Estimated closing costs
$6,673

Plus your down payment of $101,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,644/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

$245,124Total interest paid
$653,044Total of all payments
Principal $407,920 Interest $245,124
YearPrincipalInterestBalance
1$9,556$16,566$398,364
2$9,956$16,166$388,408
3$10,372$15,749$378,036
4$10,806$15,316$367,229
5$11,258$14,864$355,971
6$11,729$14,393$344,242
7$12,220$13,902$332,022
8$12,731$13,391$319,292
9$13,263$12,858$306,028
10$13,818$12,304$292,210
11$14,396$11,726$277,814
12$14,998$11,123$262,816
13$15,626$10,496$247,190
14$16,279$9,843$230,911
15$16,960$9,162$213,951
16$17,670$8,452$196,281
17$18,409$7,713$177,872
18$19,179$6,943$158,694
19$19,981$6,141$138,713
20$20,817$5,305$117,896
21$21,687$4,434$96,209
22$22,595$3,527$73,614
23$23,540$2,582$50,074
24$24,524$1,597$25,550
25$25,550$572$0

At the end of your 5-year term

Total paid over the term
$130,609
Principal paid down
$51,949
Interest paid
$78,660
Balance remaining
$355,971

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$3,400/mo
$40,800Gross annual rent
5.0%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.

8.0%
Gross yield
− Property tax $3,290− Condo fees $6,748− Insurance $600− Vacancy & upkeep $4,488Net operating income $25,674

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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