206-1530 Pickering Parkway, Pickering, ON

Town Centre, Pickering · MLS® E13493460

$499,900
For Sale
Listed 21 days ago
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3Bedrooms
2Bathrooms
1Parking
1200-1399Sq Ft

About this home

Welcome to 1530 Pickering Parkway - Unit 206, a bright and beautifully updated corner suite offering nearly 1,300 sq. ft. of comfortable, well-designed living in the sought-after Village at the Pines community. This spacious 3-bedroom, 2-bath home features a thoughtful layout with multiple windows that fill the space with natural light. The large primary bedroom includes its own private ensuite, creating a comfortable retreat. The suite also provides ample ensuite storage, and maintenance fees conveniently include internet, cable, and phone. Residents value this established, well-managed building for its cleanliness, stability, and exceptional value. Located in the heart of Pickering, you're just steps from Pickering Town Centre, the recreation centre, medical offices, parks, the library, theatres, and the GO Station. A rare opportunity to own a bright, spacious corner unit in one of Pickering's most convenient and community-focused complexes.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13493460
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
401 & Brock
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$638/mo
Exposure
North
Property tax
$3,530 / 2026
Days on market
21
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Bedroom 3Main3.50 × 2.75 m

laminate · closet · window

SolariumMain2.58 × 1.65 m

laminate · sliding doors · large window

KitchenMain3.65 × 2.50 m

ceramic floor · backsplash · pantry

Dining RoomMain3.62 × 2.70 m

laminate · combined w/living

Living RoomMain7.40 × 3.40 m

laminate · open concept · combined w/dining

Primary BedroomMain3.80 × 3.50 m

laminate · 2 pc ensuite · double closet

Bedroom 2Main3.50 × 3.10 m

laminate · double closet · large window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$566Kest. value

Listed at $499,900, this home is about 12% below comparable homes, worth a close look. 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 $541K, 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 $399K
  • Size difference +$86K
  • Adjusts to $485K

That comparable adjusts to $485K; the $566K 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 @ Valley Farm is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$500KGreat deal$595KOverpriced

Total price vs nearby homes. Fair value about $566K, 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.

  • Primary suite: a key comfort and resale feature.
  • Lifestyle
Comparable listingsCurrently listed nearby in Town Centre · asking prices
$524kavg asking

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

402-1525 Diefenbaker Court$509k601-1530 Pickering Parkway$510k609-1540 Pickering Parkway$475k109-1535 Diefenbaker Court$399k630-1880 Valley Farm Road$727k

The 5 closest of 7 active listings nearby.

See all comparable homes
500kThis home509k510k475k399k727kThis home vs active comparables
Live market pulseActive comparables in Town Centre · median list $510K
$385this home / sqft
10active listings nearby
21days on market

This home lists 26% below the area average of $521/sqft.

22 days faster than the Pickering average (43 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

76/ 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: Pickering Parkway Eastbound @ Valley Farm, about 49 m away

20+ transit stops8 grocery20+ dining13 parks14 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
$2,278/mo
$112KIncome needed
4.5×Price ÷ income
$526Weekly 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.

71%mortgage
Mortgage $2,278Property tax $294Condo fee $638Total carry $3,211

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,066Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$294
Condo / maintenance fees
$638
Heating
$0
Estimated monthly cost
$3,066

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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$4,100/mo
$49,200Gross annual rent
6.4%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.

9.8%
Gross yield
− Property tax $3,530− Condo fees $7,658− Insurance $600− Vacancy & upkeep $5,412Net operating income $32,000

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

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