1502-1865 PICKERING Parkway, Pickering, ON
Village East, Pickering · MLS® E13430204
About this home
OWNER-OCCUPIED END-UNIT TOWNHOME BY METROPIA IN A PRIME PICKERING LOCATION!Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom end-unit townhome with a dedicated ground-floor office, offering the perfect blend of modern design, convenience, and low-maintenance living in one of Pickering's most desirable communities. Featuring sought-after south-facing exposure, this home is filled with natural light throughout the day. As an end unit, it benefits from four additional windows, creating a bright and airy atmosphere rarely found in comparable townhomes. Enjoy views of the city skyline from multiple vantage points, adding to the home's unique appeal. Ideally situated within walking distance to Walmart Supercentre, BlueSky Supermarket, parks, schools, restaurants, and everyday conveniences, this home also offers quick access to Pickering GO Station, Highway 401, and Pickering Town Centre, all located within approximately 3 km. One of the home's most impressive features is the builder-installed, fully legal rooftop terrace with exclusive access. Offering approximately 250 sq. ft. of additional outdoor living space, this private retreat comes complete with patio furniture and is ideal for entertaining guests, enjoying morning coffee, watching the sunset, or unwinding while taking in panoramic skyline views. Designed for effortless living, the low monthly maintenance fees include snow removal, lawn and landscape maintenance, exterior window cleaning, and community garbage collection, allowing you to spend more time enjoying your home and less time maintaining it. Thoughtful upgrades throughout include smooth ceilings, zebra blinds, upgraded light fixtures, and a glass-enclosed standing shower in the main bathroom. The functional layout provides excellent flexibility for families, professionals working from home, and those seeking additional living space, all while showcasing pride of ownership throughout.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- E13430204
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Pickering Pkwy & Brock Rd
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front
- Maintenance
- $286/mo
- Exposure
- South
- Property tax
- $5,552 / 2025
- Days on market
- 36
- Listing brokerage
- ZOWN REALTY INC.
Rooms
laminate · combined w/dining · w/o to balcony
4 pc bath · large window · walk-in closet(s)
laminate · combined w/living · w/o to balcony
broadloom · window · closet organizers
Laminate
laminate · stainless steel appl · quartz counter
laminate · closet organizers
Listed at $697,000, this home is right in line with comparable homes. 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 $696K, 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 $685K
- Adjusts to $685K
That comparable adjusts to $685K; the $729K 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 @ Beechlawn is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $729K, median of 5 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 0% above the area average of $538/sqft.
8 days faster than the Pickering average (44 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Village East, Pickering, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 @ Beechlawn, about 121 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $557,600 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,976
- Property tax
- $463
- Condo / maintenance fees
- $286
- Heating
- $0
- Estimated monthly cost
- $3,724
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,415
- Estimated closing costs
- $10,415
Plus your down payment of $139,400. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $178,534
- Principal paid down
- $71,010
- Interest paid
- $107,523
- Balance remaining
- $486,590
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ZOWN REALTY INC.. MLS®/PropTx.