226-1880 Valley Farm Road, Pickering, ON

Town Centre, Pickering · MLS® E13487906

$605,000
For Sale
Listed 22 days ago
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2Bedrooms
2Bathrooms
2Garage
900-999Sq Ft

About this home

Adult Living at the sought after Discovery Place II Condominium! This Rarely Offered Raleigh 2 Model Includes 2 Bedrooms , 2 Bathrooms (1-3pc & 1-4pc) as well as a spacious Den or TV room. Very private Open Balcony with a western exposure. This unit INCLUDES 2 Owned Underground Parking Spots (Tandem) as Well as an Owned Storage Locker.. Enjoy Indoor/Outdoor Pools, Sauna, Tennis/Pickleball, Squash/Racquetball Courts, Hot Tub, Gym, Party Room, Billiards/Shuffleboard, Library, Guest Hotel Suites, 24-Hr Gatehouse, Award-Winning Gardens, BBQ Area, And Many Social Events. Condo Fees INCLUDE ALL UTILITIES - Heat, Hydro, Water, Parking, Internet, Cable(Ignite) & All Amenities***Probate process has been completed***

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13487906
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Valley Farm / King Street
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$905/mo
Exposure
West
Property tax
$4,457 / 2025
Days on market
22
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Main3.94 × 2.74 m

window floor to ceiling · double closet · broadloom

Dining RoomMain3.05 × 2.98 m

broadloom · overlooks living

Living RoomMain4.57 × 3.12 m

broadloom · west view

DenMain4.14 × 3.00 m

window floor to ceiling · overlooks garden

Primary BedroomMain4.20 × 3.07 m

walk-in closet(s) · 4 pc ensuite · broadloom

KitchenMain3.00 × 2.40 m

b/i dishwasher · overlooks dining · parquet

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.

On location, this is a very walkable address with everyday errands close by. Kingston Westbound @ Valley Farm is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby · asking prices
$537kavg asking

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

2408-1435 Celebration Drive$539k1608-1455 Celebration Drive$575k501-1210 Radom Street$525k1409-1215 Bayly Street$525k2310-1455 Celebration Drive$519k

The 5 closest of 8 active listings nearby.

See all comparable homes
605kThis home539k575k525k525k519kThis home vs active comparables
Live market pulseActive comparables in Town Centre · median list $509K
$637this home / sqft
10active listings nearby
22days on market

This home lists 28% above the area average of $496/sqft.

20 days faster 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

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 Westbound @ Valley Farm, about 233 m away

20+ transit stops7 grocery20+ dining15 parks13 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
$2,757/mo
$138KIncome needed
4.4×Price ÷ income
$636Weekly 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.

68%mortgage
Mortgage $2,757Property tax $371Condo fee $905Total carry $4,034

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)
$2,583per month

Mortgage amount $484,000 · 4.14% over 25 years

$121,000Down payment (20.0%)
$484,000Loan before insurance
$0CMHC premium
$3,859Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,583
Property tax
$371
Condo / maintenance fees
$905
Heating
$0
Estimated monthly cost
$3,859

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

One-time closing costs

Ontario land transfer tax
$8,575
Estimated closing costs
$8,575

Plus your down payment of $121,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,137/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

$290,841Total interest paid
$774,841Total of all payments
Principal $484,000 Interest $290,841
YearPrincipalInterestBalance
1$11,338$19,655$472,662
2$11,813$19,181$460,849
3$12,307$18,687$448,542
4$12,822$18,172$435,720
5$13,358$17,636$422,362
6$13,917$17,077$408,446
7$14,499$16,495$393,947
8$15,105$15,888$378,842
9$15,737$15,257$363,105
10$16,395$14,598$346,709
11$17,081$13,913$329,628
12$17,796$13,198$311,833
13$18,540$12,454$293,293
14$19,315$11,678$273,977
15$20,123$10,870$253,854
16$20,965$10,029$232,889
17$21,842$9,152$211,047
18$22,756$8,238$188,291
19$23,708$7,286$164,584
20$24,699$6,294$139,885
21$25,732$5,261$114,152
22$26,809$4,185$87,344
23$27,930$3,064$59,414
24$29,098$1,895$30,315
25$30,315$678$0

At the end of your 5-year term

Total paid over the term
$154,968
Principal paid down
$61,638
Interest paid
$93,331
Balance remaining
$422,362

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$3,050/mo
$36,600Gross annual rent
2.8%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.

6.0%
Gross yield
− Property tax $4,457− Condo fees $10,861− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,656

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

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