1547 Marshcourt Drive, Pickering, ON

Village East, Pickering · MLS® E13559346

$788,800
For Sale
Listed 94 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

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

BedroomBasement
Media RoomBasement

Laminate

Bedroom 2Second3.23 × 3.23 m

Hardwood Floor

KitchenBasement
Primary BedroomSecond3.93 × 3.75 m

hardwood floor · 3 pc ensuite

Living RoomGround4.27 × 3.66 m

hardwood floor · pot lights

KitchenGround4.57 × 2.71 m

ceramic floor · w/o to deck

Bedroom 3Second2.62 × 2.83 m

Hardwood Floor

Dining RoomGround3.35 × 3.23 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
Below what recent sales support
$853Kautomated estimate, from recent sales

Listed at $788,800, about 8% below our estimate of $853K (homes like it typically land between $799K and $894K).

List price
$789KBelow our range$894KAbove our range

Total price vs nearby homes. Fair value about $853K, learned from recent GTA sales.

The market behind the math:

94days on market so far
$2,300/moest. rent · 5 leases
3.5%gross yield on the ask
This home
Below area avgAbove area avg

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.

What sellers nearby are askingCurrently listed nearby in Village East · asking prices
$1.41Mavg asking

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 homes
789kThis home900k900k750k1.98M2.50MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.06M61
November 2025$1.07M49
December 2025$1.03M35
January 2026$1000K33
February 2026$1.04M40
March 2026$1.02M55
April 2026$1.07M68
May 2026$1.05M65
June 2026$1.08M73
July 2026$1.06M61
August 2026$983K54
September 2026$1.02M52

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brock Ridge
$1.06M
Liverpool
$1.08M
Bay Ridges
$814K
Duffin Heights
$935K
Dunbarton
$1.49M

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
$3,595/mo
$156KIncome needed
5.0×Price ÷ income
$830Weekly cost
$12,251Land transfer tax, one-time (Ontario)
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.

88%mortgage
Mortgage $3,595Property tax $475Total carry $4,070

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,489per month

Mortgage amount $631,040 · 4.49% over 25 years

$157,760Down payment (20.0%)
$631,040Loan before insurance
$0CMHC premium
$3,964Total monthly cost

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

6.49%Qualifying rate
$4,223/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

$415,699Total interest paid
$1,046,739Total of all payments
Principal $631,040 Interest $415,699
YearPrincipalInterestBalance
1$14,082$27,787$616,958
2$14,722$27,148$602,236
3$15,390$26,480$586,846
4$16,089$25,781$570,758
5$16,819$25,050$553,939
6$17,583$24,287$536,356
7$18,381$23,488$517,975
8$19,216$22,654$498,759
9$20,088$21,781$478,671
10$21,000$20,869$457,670
11$21,954$19,916$435,716
12$22,951$18,919$412,766
13$23,993$17,877$388,773
14$25,082$16,788$363,691
15$26,221$15,649$337,470
16$27,411$14,458$310,059
17$28,656$13,214$281,403
18$29,957$11,912$251,446
19$31,317$10,552$220,129
20$32,739$9,130$187,390
21$34,226$7,644$153,164
22$35,780$6,090$117,384
23$37,404$4,465$79,980
24$39,102$2,767$40,878
25$40,878$992$0

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.

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
From 5 whole-home leases in Village East$2,300/mo
$27,600Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,024 to $2,975Typical rent range

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 numbers

The 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.

3.5%
Gross yield
− Property tax $5,694− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,470

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

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