115-1995 Royal Road, Pickering, ON
Village East, Pickering · MLS® E13494230
About this home
Welcome to Unit 115 at 1995 Royal Road, where spacious living meets exceptional convenience in one of Pickering's most desirable condominium communities. Offering over 1,400 square feet of single-level living, this well maintained 2-bedroom, 2-bathroom suite provides a perfect blend of comfort, functionality, and carefree living.Freshly painted throughout, this bright and inviting home features a well-designed open-concept layout with generous principal rooms ideal for both everyday living & entertaining. Oversized eat-in kitchen offers an abundance of cabinetry & counter space, a breakfast area, and comes complete with all appliances making meal preparation both enjoyable & convenient.The expansive primary suite serves as a private retreat, complete with large walk-in closet, 3-piece ensuite bathroom, and a view of the private terrace. Second bedroom is equally versatile, making an ideal guest room or home office. The second full bathroom ensures comfort & privacy for family or guests.The standout feature is the oversized private terrace-an inviting outdoor living space perfect for enjoying your morning coffee or relaxing with a good book.Ideally located in the heart of Pickering, you'll appreciate being within walking distance to everyday amenities including grocery stores, restaurants, cafés, pharmacies, medical offices, banks, parks, and public transit. Highway 401, Pickering Town Centre, recreation facilities, and countless additional amenities are all just minutes away, making this an unbeatable location for those seeking a truly walkable lifestyle.Downsize with luxury, simplify your lifestyle, or enjoy the convenience of condominium living, this move-in-ready home offers an outstanding opportunity to enjoy everything Pickering has to offer.Welcome home to Effortless Living!
Key facts
- Property type
- Condo Townhouse, 1 Storey/Apt
- MLS®
- E13494230
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Brock Road & Kingston Road
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Maintenance
- $663/mo
- Exposure
- West
- Property tax
- $4,132 / 2026
- Days on market
- 21
- Listing brokerage
- RE/MAX Jazz INC.
Rooms
Vinyl Floor
broadloom · combined w/dining · open concept
3 pc ensuite · broadloom · walk-in closet(s)
broadloom · combined w/living · open concept
broadloom · closet
Listed at $699,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
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 $610K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $699K
- Size difference +$108K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $762K
That comparable adjusts to $762K; the $762K 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. Kingston Rd. @ Brock Rd. 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 $762K, 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.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
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 4% above the area average of $447/sqft.
23 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: Kingston Rd. @ Brock Rd., about 188 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 $559,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,988
- Property tax
- $344
- Condo / maintenance fees
- $663
- Heating
- $0
- Estimated monthly cost
- $3,995
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,473
- Estimated closing costs
- $10,473
Plus your down payment of $139,980. 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
- $179,276
- Principal paid down
- $71,306
- Interest paid
- $107,971
- Balance remaining
- $488,614
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 RE/MAX Jazz INC.. MLS®/PropTx.