1547 Marshcourt Drive, Pickering, ON
Village East, Pickering · MLS® E13559346
About this home
In short
- Welcome to a beautiful all-brick detached home with offering exceptional style, comfort, and functionality.
- This spacious residence features 3+1 bedrooms and 4 bathrooms.
- Additional highlights include an attached two-car garage with convenient interior access, ample parking, and close proximity to Highway 401, shopping, grocery stores...
Welcome to a beautiful all-brick detached home with offering exceptional style, comfort, and functionality. This spacious residence features 3+1 bedrooms and 4 bathrooms. Ideally situated in a highly desirable neighbourhood with no rear neighbours, the property offers added privacy and a generously sized backyard complete with an interlock walkway and deck, perfect for outdoor entertaining. The finished in-law basement provides excellent flexibility for extended family or potential income opportunities. Additional highlights include an attached two-car garage with convenient interior access, ample parking, and close proximity to Highway 401, shopping, grocery stores, parks, schools, hospitals, public transit, and a full range of everyday amenities. This home is an outstanding opportunity for families, multi-generational living, or savvy investors alike.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13559346
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 28.88 × 111.67 ft
- Cross streets
- Brock / Hwy 2
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,694 / 2025
- Days on market
- 94
- Listing brokerage
- LPT REALTY
Rooms
Laminate
Hardwood Floor
hardwood floor · 3 pc ensuite
hardwood floor · pot lights
ceramic floor · w/o to deck
Hardwood Floor
Hardwood Floor
Listed at $788,800, about 8% below our estimate of $853K (homes like it typically land between $799K and $894K).
Total price vs nearby homes. Fair value about $853K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $451/sqft against an area asking average of $509/sqft.
- basement apartment features. A finished 1 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Village East: 5 of the 13 detached leases here lately were basement units, around $1,550 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Pickering.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $816K. Condition and finishes remain an in-person call.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Village East, so I widened the search to the surrounding area.
Based on 12 comparable homes that sold in Village East over the past two years, from 21 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $853K, which is where my estimate comes from.
Per square foot, these ask about $509/sqft; this home lists at $451/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Pickering: $1.02M in September 2026, down 3% from a year ago, on 646 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Pickering as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.06M | 61 |
| November 2025 | $1.07M | 49 |
| December 2025 | $1.03M | 35 |
| January 2026 | $1000K | 33 |
| February 2026 | $1.04M | 40 |
| March 2026 | $1.02M | 55 |
| April 2026 | $1.07M | 68 |
| May 2026 | $1.05M | 65 |
| June 2026 | $1.08M | 73 |
| July 2026 | $1.06M | 61 |
| August 2026 | $983K | 54 |
| September 2026 | $1.02M | 52 |
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.
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $631,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,489
- Property tax
- $475
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,964
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,251
- Estimated closing costs
- $12,251
Plus your down payment of $157,760. 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
- $209,348
- Principal paid down
- $77,101
- Interest paid
- $132,246
- Balance remaining
- $553,939
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
The suite is real income here: basements rent in Village East (5 of 13 recent detached leases were basement units, around $1,550 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,550 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Village East signed at a median of $1,800 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,300. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.




