602-1400 The Esplanade, Pickering, ON

Town Centre, Pickering · MLS® E13524552

$500,000
For Sale
Listed 12 days ago
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3Bedrooms
3Bathrooms
1Garage
1600-1799Sq Ft

About this home

Welcome to this exceptional 3-bedroom, 3-bathroom condo townhouse in one of Pickering's most coveted gated communities. Offering over 1,600 sq. ft. of thoughtfully designed living space across three storeys, this Tridel-built gem delivers the space and feel of a detached home with the ease of condo living. The bright, open-concept main floor features generous principal rooms, gorgeous flooring throughout, and a layout perfect for entertaining or everyday family life. Three well-proportioned bedrooms provide flexibility for families, remote workers, or downsizers who refuse to compromise on space. Enjoy the security and community of a 24-hour gated complex, plus the convenience of underground parking and a warm, friendly neighbourhood atmosphere. Step outside and you're already there - Pickering Town Centre, the GO Station, library, recreation centre, and medical centre are all within walking distance. Highway 401 is just minutes away for effortless commuting across the GTA. This is your chance to own a spacious, well-built townhome in the heart of Pickering. Don't miss it.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
E13524552
Bedrooms
3
Bathrooms
3 (1 half)
Size
1600-1799
Cross streets
Valleyfarm/Kingston
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$822/mo
Exposure
East
Property tax
$3,568 / 2025
Days on market
12
Listing brokerage
RE/MAX PREMIER INC.

Rooms

BreakfastMain6.50 × 8.40 m

Parquet

Living RoomMain12.00 × 9.10 m

parquet · combined w/dining · w/o to balcony

DenSecond6.70 × 9.60 m

Parquet

LaundrySecond6.00 × 5.20 m

Parquet

Bedroom 2Second12.90 × 9.40 m

parquet · double closet

Bedroom 3Second12.20 × 9.30 m

parquet · double closet

FoyerMain3.20 × 3.80 m

Staircase

KitchenMain8.30 × 8.40 m

eat-in kitchen · ceramic floor · illuminated ceiling

Primary BedroomThird11.30 × 18.10 m

Parquet

OtherThird5.10 × 8.40 m

Parquet

Dining RoomMain12.00 × 9.10 m

parquet · combined w/living

Moe’s TakeTeam Asgarian · Broker
In line
$550Kest. value

Listed at $500,000, this home is within the range of comparable homes, on the lower side. 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 $522K, 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 $575K
  • Adjusts to $575K

That comparable adjusts to $575K; the $550K 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. Glenanna Southbound @ The Esplanade (South side stop) is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$485KGreat deal$575KOverpriced

Total price vs nearby homes. Fair value about $550K, 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
Comparable listingsCurrently listed nearby in Town Centre · asking prices
$555kavg asking

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

411-1400 The Esplanade$500k702-1400 The Esplanade$550k306-1400 The Esplanade$575k402-1400 The Esplanade N$550k212-1400 The Esplanade$600k

The 5 closest of 6 active listings nearby.

See all comparable homes
500kThis home500k550k575k550k600kThis home vs active comparables
Live market pulseActive comparables in Town Centre · median list $575K
$294this home / sqft
7active listings nearby
12days on market

This home lists 12% below the area average of $335/sqft.

32 days faster than the Pickering average (44 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

84/ 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: Glenanna Southbound @ The Esplanade (South side stop), about 145 m away

20+ transit stops7 grocery20+ dining15 parks15 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.

Liverpool
$596K
Village East
$694K
Bay Ridges
$672K
West Shore
$593K
Woodlands
$569K

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
$2,279/mo
$116KIncome needed
4.3×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.

67%mortgage
Mortgage $2,279Property tax $297Condo fee $822Total carry $3,398

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)
$2,135per month

Mortgage amount $400,000 · 4.14% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$3,254Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$297
Condo / maintenance fees
$822
Heating
$0
Estimated monthly cost
$3,254

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,365Total interest paid
$640,365Total of all payments
Principal $400,000 Interest $240,365
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,867
3$10,171$15,444$370,696
4$10,596$15,018$360,100
5$11,040$14,575$349,060
6$11,501$14,113$337,559
7$11,982$13,632$325,576
8$12,484$13,131$313,092
9$13,006$12,609$300,087
10$13,550$12,065$286,537
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,391
14$15,963$9,651$226,428
15$16,631$8,984$209,797
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,613
19$19,593$6,022$136,020
20$20,413$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,060

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$5,450/mo
$65,400Gross annual rent
8.8%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.

13.1%
Gross yield
− Property tax $3,568− Condo fees $9,866− Insurance $600− Vacancy & upkeep $7,194Net operating income $44,171

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

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