215 Pickering Street, Toronto, ON

East End-Danforth, Toronto · MLS® E13483440

$999,900
For Sale
Listed 23 days ago
2Bedrooms
2Bathrooms
2Parking
700-1100Sq Ft

About this home

This unique property is the perfect opportunity to own a solid brick Beach bungaloft with large private drive, lovingly upgraded and restored by the owner over the past year. Move right into this unique space and warm yourself by the wood burning fireplace, the perfect condo alternative with an option to expand. Just some of the recent improvements include, graded and new large interlock driveway and walkway, graded backyard with gravel drainage system, new hot tub platform, hard landscaping includes new pavers and walkway with new softscaping and lovely and lush gardens. A newly built outdoor landing, stairs, and railing to backyard. Complete chimney stack re-build (all new exterior brick). Eleven new double paned high efficiency windows. LED recessed pot lights installed throughout the home. Fully renovated loft and landing. Newly renovated full bathroom master ensuite with double sink and large fully tiled walk-in shower. Complete basement renovation including new stairs and railings throughout. New flooring throughout luxury vinyl and tile. Outdoor EV charger. Owned water heater, owned new furnace (2024), owned new air conditioning system, (2025) Trane, new large capacity Samsung washer and dryer (2025). The interior of the space lends itself to many uses, an amazing opportunity to dorm or expand the upper loft, the main floor could easily accommodate large home office, over 14 ft in the living room and the large open concept basement bedroom could also be used as a great primary suite with additional living space. Basement height is 6'9" everywhere. The possibilities are endless! Fab home inspection available.

Key facts

Property type
Detached, Bungaloft
MLS®
E13483440
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
700-1100
Lot
25 × 100 ft
Cross streets
Victoria Pk/Gerrard
Parking
2 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,051 / 2026
Days on market
23
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

Living RoomGround4.38 × 2.92 m

cathedral ceiling(s) · brick fireplace

KitchenGround4.38 × 2.36 m

open concept · quartz counter · modern kitchen

BedroomBasement8.57 × 4.18 m

window · 4 pc bath

FoyerGround1.88 × 1.88 m

Window

Dining RoomGround4.39 × 3.92 m

Stone Floor

LoftSecond6.46 × 2.46 m

Overlooks Backyard

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Malvern Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Gerrard St East at Scarborough Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$900kavg asking

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

247 Gainsborough Road$989k4 Marshall Boulevard$699k59 Dalbeattie Avenue$975k77 Elma Street$999k115 Ellington Drive$839k

The 5 closest of 8 active listings nearby.

See all comparable homes
1000kThis home989k699k975k999k839kThis home vs active comparables
Live market pulseActive comparables in East End-Danforth · median list $1.19M
$1,111this home / sqft
9active listings nearby
23days on market

22 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

East End-Danforth, Toronto, 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

81/ 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: Gerrard St East at Scarborough Rd, about 183 m away

20+ transit stops12 grocery20+ dining20+ parks20+ 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.

Cliffcrest
$1.59M
Wexford-Maryvale
$865K
High Park-Swansea
$4.99M
Lawrence Park South
$2.00M
Bedford Park-Nortown
$2.90M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Adam Beck Junior Public School
73%
Adam Beck Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,557/mo
$187KIncome needed
5.3×Price ÷ income
$1,052Weekly 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.

93%mortgage
Mortgage $4,557Property tax $338Total carry $4,895

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)
$4,269per month

Mortgage amount $799,920 · 4.14% over 25 years

$199,980Down payment (20.0%)
$799,920Loan before insurance
$0CMHC premium
$4,606Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,269
Property tax
$338
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,606

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

One-time closing costs

Ontario land transfer tax
$16,473
Toronto municipal land transfer tax
$16,473
Estimated closing costs
$32,946

Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,185/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

$480,681Total interest paid
$1,280,601Total of all payments
Principal $799,920 Interest $480,681
YearPrincipalInterestBalance
1$18,739$32,485$781,181
2$19,523$31,701$761,657
3$20,340$30,884$741,318
4$21,191$30,033$720,127
5$22,077$29,147$698,050
6$23,000$28,224$675,050
7$23,963$27,262$651,087
8$24,965$26,259$626,122
9$26,009$25,215$600,113
10$27,097$24,127$573,016
11$28,230$22,994$544,786
12$29,411$21,813$515,375
13$30,641$20,583$484,733
14$31,923$19,301$452,810
15$33,258$17,966$419,551
16$34,650$16,574$384,902
17$36,099$15,125$348,803
18$37,609$13,615$311,194
19$39,182$12,042$272,012
20$40,821$10,403$231,191
21$42,528$8,696$188,663
22$44,307$6,917$144,355
23$46,161$5,063$98,195
24$48,091$3,133$50,103
25$50,103$1,121$0

At the end of your 5-year term

Total paid over the term
$256,120
Principal paid down
$101,870
Interest paid
$154,250
Balance remaining
$698,050

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$1,450/mo
$17,400Gross annual rent
1.0%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.

1.7%
Gross yield
− Property tax $4,051− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,035

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

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