692 Sultana Square, Pickering, ON

Amberlea, Pickering · MLS® E13435348

$949,900
For Sale
Listed 102 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
1Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 692 Sultana Square, nestled in the highly sought-after Amberlea community of Pickering.
  • The open-concept layout is perfect for modern living and entertaining, featuring a dream kitchen designed for both functionality and gatherings with family and friends.
  • The finished basement provides valuable additional living space, ideal for a recreation room, home office, gym, or guest accommodations.

Welcome to 692 Sultana Square, nestled in the highly sought-after Amberlea community of Pickering. The open-concept layout is perfect for modern living and entertaining, featuring a dream kitchen designed for both functionality and gatherings with family and friends. The finished basement provides valuable additional living space, ideal for a recreation room, home office, gym, or guest accommodations. Conveniently located near schools, parks, shopping, transit, and major highways, this home offers the perfect blend of comfort, style, and location.

Key facts

Property type
Detached, 2-Storey
MLS®
E13435348
Bedrooms
4
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
21.41 × 140 ft
Cross streets
Sultana Square and Foxwood Trail
Parking
1 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,299 / 2025
Days on market
102
Listing brokerage
EXP REALTY

Rooms

Bedroom 2Second3.73 × 2.54 m

hardwood floor · closet

Bedroom 4Second2.79 × 2.43 m

hardwood floor · closet

Primary BedroomSecond4.01 × 3.73 m

hardwood floor · closet

KitchenMain3.53 × 2.87 m

tile floor · open concept

Bedroom 3Second2.69 × 2.69 m

hardwood floor · closet

Dining RoomMain2.89 × 2.78 m

hardwood floor · open concept

RecreationBasement6.96 × 3.10 m

laminate · open concept

Living RoomMain4.14 × 3.30 m

hardwood floor · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$937Klikely sale price

Listed at $949,900. Going by how homes in Amberlea and the wider GTA have actually closed against their asking prices (about 99%, 26 local closings in 90 days), the likely sale price is near $937K, if it sells. A realistic range is $878K to $1.06M.

Independent value check: $822K. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $770K and $861K).

Why $822K. The typical detached home sold in Amberlea over the past year went for about $1.01M (90 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,299 a year; the typical home sold here pays about $7,100.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,750 to 2,250.
  • ▼ Lowers it slightly1 garage and 4 total parking spaces, against 2 and 4 typically.
  • ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.

Longer on the market than typical. 102 days on the market against about 27 for homes like it here, and asking 16% above where comparable closings put it.

List price
$878KBelow recent closings$1.06MAbove recent closings

Total price vs nearby homes. Likely closing about $937K, from 26 recent closings in this pocket.

The market behind the math:

26sold nearby · 90 days
$950Kmedian sold price
100%of asking, on average
−14%prices vs a year ago
~16 dayshomes like this take to sell
102days on market so far
$3,157/moest. rent · 10 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 9 detached homes for sale in the area against 26 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 $731/sqft against an area asking average of $583/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 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $848K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 26 comparable homes that sold in Amberlea over the past two years, from 196 closings there.

What sellers nearby are askingCurrently listed nearby in Amberlea · asking prices
$936kavg 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 $822K, which is where my estimate comes from.

Per square foot, these ask about $568/sqft; this home lists at $731/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
950kThis home980k900k999k849k950kThis home vs active comparables

Neighbourhood & location

Amberlea, 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.

Woodlands
$1.49M
Dunbarton
$1.60M
Highbush
$1.18M
Rougemount
$1.74M
Liverpool
$1.08M

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
$4,329/mo
$186KIncome needed
5.1×Price ÷ income
$999Weekly cost
$15,473Land 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.

89%mortgage
Mortgage $4,329Property tax $525Total carry $4,854

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)
$4,160per month

Mortgage amount $759,920 · 4.39% over 25 years

$189,980Down payment (20.0%)
$759,920Loan before insurance
$0CMHC premium
$4,685Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,160
Property tax
$525
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,685

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

One-time closing costs

Ontario land transfer tax
$15,473
Estimated closing costs
$15,473

Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,040/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

$487,962Total interest paid
$1,247,882Total of all payments
Principal $759,920 Interest $487,962
YearPrincipalInterestBalance
1$17,196$32,719$742,724
2$17,959$31,956$724,765
3$18,756$31,159$706,008
4$19,589$30,327$686,420
5$20,458$29,457$665,962
6$21,366$28,549$644,595
7$22,314$27,601$622,281
8$23,305$26,611$598,976
9$24,339$25,576$574,637
10$25,419$24,496$549,218
11$26,547$23,368$522,671
12$27,726$22,190$494,945
13$28,956$20,959$465,989
14$30,241$19,674$435,748
15$31,583$18,332$404,164
16$32,985$16,930$371,179
17$34,449$15,466$336,730
18$35,978$13,937$300,752
19$37,575$12,341$263,177
20$39,242$10,673$223,935
21$40,984$8,931$182,951
22$42,803$7,112$140,148
23$44,703$5,213$95,445
24$46,687$3,229$48,759
25$48,759$1,157$0

At the end of your 5-year term

Total paid over the term
$249,576
Principal paid down
$93,958
Interest paid
$155,618
Balance remaining
$665,962

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 10 whole-home leases in Amberlea$3,157/mo
$37,884Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,899 to $3,518Typical rent range
~25 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 10 whole-home leases in Amberlea signed at a median of $3,497 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,157. 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.

4.0%
Gross yield
− Property tax $6,299− Insurance $1,400− Vacancy & upkeep $4,167Net operating income $26,018

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

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