206-1995 Royal Road, Pickering, ON

Village East, Pickering · MLS® E13245838

$688,000
For Sale
Listed 43 days ago
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3Bedrooms
3Bathrooms
2Garage
2000-2249Sq Ft

About this home

Welcome To 206-1995 Royal Road! This Luxurious End-Unit Townhouse Offers The Perfect Blend Of Modern Sophistication And Functional Living. Boasting 3 Bedrooms, 3 Washrooms, And An Expansive 2,186 Square Feet, This Home Is Designed For Both Comfortable Family Living And Effortless Entertaining. Upon Entry, You Are Greeted By A Grand, Open-Concept Floor Plan Featuring A Stunning Kitchen With Sleek Finishes And High-End Appliances, Seamlessly Flowing Into The Dining And Living Areas. The Primary Suite Serves As A True Retreat, Complete With A 5-Piece Ensuite. Additional Highlights Include 2 Exclusive-Use Parking Spots In The Heated Underground Garage And A Extra Large Storage Locker, A Newly Renovated Party Room And Keyless Entry Though The Complex. Perfectly Situated In Central Pickering, You Are Just Moments Away From Top-Rated Schools, Parks, And Essential Amenities. Experience Luxury Living-Your Perfect Home Awaits. Extras: Existing: All Electric Light Fixtures, Window Coverings, Fridge, Stove, Dishwasher, Washer & Dryer, Cable Tv & Internet Included In Maintenance Fees, Snow Removal, Gorgeous Landscaping & Exterior Maintenance, Well Maintained Gardens, Visitor Parking.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
E13245838
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2249
Cross streets
Brock Rd & Kingston Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,291/mo
Exposure
West
Property tax
$4,599 / 2025
Days on market
43
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Bedroom 2Second4.07 × 3.82 m

laminate · double closet · window

Primary BedroomThird7.13 × 5.96 m

laminate · 5 pc ensuite · double closet

Dining RoomMain3.50 × 3.42 m

hardwood floor · formal rm · wainscoting

Living RoomMain4.69 × 4.26 m

hardwood floor · w/o to balcony · large window

Bedroom 3Second4.39 × 3.91 m

laminate · closet · window

KitchenMain3.43 × 2.37 m

stainless steel appl · b/i microwave · pot lights

Moe’s TakeTeam Asgarian · Broker
In line
$699Kest. value

Listed at $688,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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

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 $652K, 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 $699K
  • Adjusts to $699K

That comparable adjusts to $699K; the $699K 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. Kingston Rd. @ Brock Rd. is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$624KGreat deal$713KOverpriced

Total price vs nearby homes. Fair value about $699K, 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.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$623kavg asking

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

112-1995 Royal Road$699k136-1995 Royal Road$725k419-1400 The Esplanade North$639k402-1400 The Esplanade N$550k411-1400 The Esplanade$500k

The 5 closest of 6 active listings nearby.

See all comparable homes
688kThis home699k725k639k550k500kThis home vs active comparables
Live market pulseActive comparables in Village East · median list $699K
$324this home / sqft
9active listings nearby
43days on market

This home lists 32% below the area average of $480/sqft.

1 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

Village East, 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

83/ 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: Kingston Rd. @ Brock Rd., about 188 m away

20+ transit stops5 grocery20+ dining13 parks8 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.

Town Centre
$575K
Liverpool
$596K
Bay Ridges
$672K
Duffin Heights
$631K
West Shore
$593K

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
$3,136/mo
$160KIncome needed
4.3×Price ÷ income
$724Weekly 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.

65%mortgage
Mortgage $3,136Property tax $383Condo fee $1,291Total carry $4,810

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)
$2,937per month

Mortgage amount $550,400 · 4.14% over 25 years

$137,600Down payment (20.0%)
$550,400Loan before insurance
$0CMHC premium
$4,611Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,937
Property tax
$383
Condo / maintenance fees
$1,291
Heating
$0
Estimated monthly cost
$4,611

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

One-time closing costs

Ontario land transfer tax
$10,235
Estimated closing costs
$10,235

Plus your down payment of $137,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,567/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

$330,742Total interest paid
$881,142Total of all payments
Principal $550,400 Interest $330,742
YearPrincipalInterestBalance
1$12,894$22,352$537,506
2$13,433$21,812$524,073
3$13,995$21,250$510,078
4$14,581$20,665$495,497
5$15,190$20,055$480,306
6$15,826$19,420$464,481
7$16,488$18,758$447,993
8$17,178$18,068$430,815
9$17,896$17,350$412,919
10$18,645$16,601$394,275
11$19,424$15,821$374,850
12$20,237$15,009$354,613
13$21,083$14,162$333,530
14$21,965$13,280$311,564
15$22,884$12,362$288,680
16$23,841$11,404$264,839
17$24,839$10,407$240,000
18$25,878$9,368$214,123
19$26,960$8,286$187,163
20$28,088$7,158$159,075
21$29,262$5,983$129,813
22$30,486$4,759$99,326
23$31,762$3,484$67,565
24$33,090$2,155$34,474
25$34,474$771$0

At the end of your 5-year term

Total paid over the term
$176,228
Principal paid down
$70,094
Interest paid
$106,135
Balance remaining
$480,306

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$6,800/mo
$81,600Gross annual rent
7.5%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.

11.9%
Gross yield
− Property tax $4,599− Condo fees $15,496− Insurance $600− Vacancy & upkeep $8,976Net operating income $51,929

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

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