815-1665 Pickering Parkway, Pickering, ON

Village East, Pickering · MLS® E13540278

$509,000
For Sale
Listed 9 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Freshly painted!! Wake up to breathtaking sunrises from this rarely offered penthouse corner suite with unobstructed views. This bright, light-filled end unit offers exceptional privacy with no neighbour on one side and no one above. Spanning approximately 1,150 sq ft, this is a size you simply don't find in newer condos. The open-concept living and dining area features updated flooring and a modern kitchen with quartz countertops, perfect for both everyday living and entertaining. The spacious primary bedroom includes a private ensuite and a walk-in closet, while the sunlit solarium provides a versatile space ideal for a home office or reading retreat. Located in the meticulously maintained and highly sought-after Emerald Point, residents enjoy a full suite of amenities, including an indoor pool, jacuzzi, sauna, gym, squash court, library, party room with full kitchen, and guest suites. Situated in the heart of Pickering, you're just minutes to Pickering Town Centre, dining, medical and community hubs, and steps to everyday conveniences, including nearby pickleball courts. Commuters will appreciate quick access to Hwy 401 and the Lakeshore GO Train Station, only 30 minutes to downtown Toronto! The train runs every 30 min. from here. Maintenance fees include heat and water. Includes a spacious owned locker. Penthouse opportunities like this are rarely available--don't miss your chance.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13540278
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Pickering Pkwy and Brock Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$973/mo
Exposure
East
Property tax
$3,384 / 2025
Days on market
9
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Bedroom 2Flat3.50 × 3.00 m

glass doors · picture window · broadloom

SolariumFlat2.99 × 1.90 m

picture window · laminate · glass doors

Living RoomFlat7.04 × 7.04 m

laminate · overlooks dining · window floor to ceiling

Dining RoomFlat7.04 × 7.04 m

laminate · overlooks living · open concept

Primary BedroomFlat5.16 × 3.09 m

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

KitchenFlat2.40 × 2.40 m

b/i dishwasher · quartz counter · ceramic floor

LaundryFlat1.21 × 1.21 m
Moe’s TakeTeam Asgarian · Broker
In line
$509Kest. value

Listed at $509,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Village East, so I widened the search to the surrounding area.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $484K, 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
  • Adjusts to $399K

That comparable adjusts to $399K; the $509K estimate above is the median of all 16 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 @ Dreyber is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$475KGreat deal$649KOverpriced

Total price vs nearby homes. Fair value about $509K, median of 16 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$495kavg 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$510k1014-1480 Bayly Street$499k712-1665 Pickering Parkway$480k609-1540 Pickering Parkway$475k

The 5 closest of 8 active listings nearby.

See all comparable homes
509kThis home509k510k499k480k475kThis home vs active comparables
Live market pulseActive comparables in Pickering · median list $505K
$463this home / sqft
38active listings nearby
9days on market

This home lists 20% below the area average of $576/sqft.

34 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

Village East, 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: Pickering Parkway Eastbound @ Dreyber, about 84 m away

20+ transit stops6 grocery20+ dining10 parks10 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.

Town Centre
$499K
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
$2,320/mo
$120KIncome needed
4.3×Price ÷ income
$535Weekly 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.

65%mortgage
Mortgage $2,320Property tax $282Condo fee $973Total carry $3,574

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)
$2,173per month

Mortgage amount $407,200 · 4.14% over 25 years

$101,800Down payment (20.0%)
$407,200Loan before insurance
$0CMHC premium
$3,428Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,173
Property tax
$282
Condo / maintenance fees
$973
Heating
$0
Estimated monthly cost
$3,428

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

One-time closing costs

Ontario land transfer tax
$6,655
Estimated closing costs
$6,655

Plus your down payment of $101,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,639/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

$244,691Total interest paid
$651,891Total of all payments
Principal $407,200 Interest $244,691
YearPrincipalInterestBalance
1$9,539$16,536$397,661
2$9,938$16,137$387,722
3$10,354$15,722$377,368
4$10,787$15,289$366,581
5$11,238$14,837$355,343
6$11,708$14,367$343,635
7$12,198$13,878$331,436
8$12,708$13,367$318,728
9$13,240$12,836$305,488
10$13,794$12,282$291,694
11$14,371$11,705$277,324
12$14,972$11,104$262,352
13$15,598$10,478$246,754
14$16,251$9,825$230,503
15$16,930$9,145$213,573
16$17,638$8,437$195,935
17$18,376$7,699$177,558
18$19,145$6,931$158,414
19$19,946$6,130$138,468
20$20,780$5,296$117,688
21$21,649$4,427$96,039
22$22,555$3,521$73,484
23$23,498$2,578$49,986
24$24,481$1,595$25,505
25$25,505$571$0

At the end of your 5-year term

Total paid over the term
$130,378
Principal paid down
$51,857
Interest paid
$78,521
Balance remaining
$355,343

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$3,400/mo
$40,800Gross annual rent
4.1%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.

8.0%
Gross yield
− Property tax $3,384− Condo fees $11,670− Insurance $600− Vacancy & upkeep $4,488Net operating income $20,658

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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