511-1148 Dragonfly Avenue, Pickering, ON

Rural Pickering, Pickering · MLS® E13575966

$619,000
For Sale
Just listed today
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3Bedrooms
3Bathrooms
1Garage · 2 parking
800-899Sq Ft

About this home

Welcome to this bright and beautifully maintained stacked townhouse in desirable Pickering. Offering approximately 1,190 sq. ft. of finished living space (859 sq. ft. above grade plus 333sq. ft. lower level as per MPAC), this home delivers comfort, functionality, and modern style. The open-concept main level features 9-foot ceilings, laminate flooring throughout, and a contemporary kitchen with granite counters overlooking the living and dining area. Walk out to your private terrace, ideal for relaxing or entertaining. The main level includes a spacious primary bedroom with a 3-piece ensuite, a second bedroom, and an additional 4-piece bathroom. The finished lower level offers a third bedroom with its own 3-piece ensuite, providing excellent privacy for guests, extended family, or a home office setup. Includes attached garage with inside entry plus driveway parking (2 total spaces). Low maintenance fees of $382.13/month cover common elements and building insurance. Conveniently located near Taunton Rd & Burkholder Dr, close to schools, parks, shopping, transit, and major highways. Perfect for families, first-time buyers, or investors seeking a turnkey opportunity in a growing community.(Listing Photos Are Illustrated With Virtual Staging).

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
E13575966
Bedrooms
3
Bathrooms
3
Size
800-899
Cross streets
Taunton Rd and Burkholder Dr
Parking
1 garage · 2 parking (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$382/mo
Exposure
East
Property tax
$4,200 / 2025
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Dining RoomFlat4.14 × 3.08 m

laminate · combined w/living

Living RoomFlat4.14 × 3.08 m

laminate · combined w/dining · w/o to terrace

Bedroom 2Flat2.80 × 2.70 m

laminate · window · closet

KitchenFlat4.20 × 3.08 m

laminate · granite counters · open concept

Bedroom 3Lower3.75 × 2.62 m

laminate · 3 pc ensuite · closet

Primary BedroomFlat3.07 × 3.04 m

laminate · 3 pc ensuite · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$540Kest. value

Listed at $619,000, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

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

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 $547K, 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 $569K
  • Size difference −$60K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $554K

That comparable adjusts to $554K; the $540K 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Taunton Eastbound @ Burkholder is about a 2-minute walk away.

List price
$435KGreat deal$619KOverpriced

Total price vs nearby homes. Fair value about $540K, 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$583kavg asking

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

302-1711 Pure Springs Boulevard$570k114-2635 William Jackson Drive$610k218-755 Omega Drive$569k

The 3 closest active listings nearby.

See all comparable homes
619kThis home570k610k569kThis home vs active comparables
Live market pulseActive comparables in Pickering · median list $640K
$729this home / sqft
69active listings nearby
View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Pickering, 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

31/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Taunton Eastbound @ Burkholder, about 174 m away

10 transit stops1 dining2 parks

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.

Duffin Heights
$631K
Liverpool
$596K
Town Centre
$575K
Village East
$694K
Bay Ridges
$672K

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
$2,821/mo
$130KIncome needed
4.8×Price ÷ income
$651Weekly 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.

79%mortgage
Mortgage $2,821Property tax $350Condo fee $382Total carry $3,553

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)
$2,643per month

Mortgage amount $495,200 · 4.14% over 25 years

$123,800Down payment (20.0%)
$495,200Loan before insurance
$0CMHC premium
$3,375Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,643
Property tax
$350
Condo / maintenance fees
$382
Heating
$0
Estimated monthly cost
$3,375

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

One-time closing costs

Ontario land transfer tax
$8,855
Estimated closing costs
$8,855

Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,210/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

$297,571Total interest paid
$792,771Total of all payments
Principal $495,200 Interest $297,571
YearPrincipalInterestBalance
1$11,601$20,110$483,599
2$12,086$19,625$471,513
3$12,592$19,119$458,921
4$13,118$18,593$445,803
5$13,667$18,044$432,136
6$14,239$17,472$417,897
7$14,834$16,877$403,063
8$15,455$16,256$387,608
9$16,101$15,610$371,507
10$16,775$14,936$354,732
11$17,476$14,234$337,256
12$18,207$13,503$319,049
13$18,969$12,742$300,080
14$19,762$11,948$280,317
15$20,589$11,122$259,728
16$21,450$10,261$238,278
17$22,347$9,363$215,931
18$23,282$8,429$192,648
19$24,256$7,455$168,392
20$25,271$6,440$143,122
21$26,328$5,383$116,794
22$27,429$4,282$89,365
23$28,576$3,135$60,789
24$29,772$1,939$31,017
25$31,017$694$0

At the end of your 5-year term

Total paid over the term
$158,554
Principal paid down
$63,064
Interest paid
$95,490
Balance remaining
$432,136

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$2,700/mo
$32,400Gross annual rent
3.1%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.

5.2%
Gross yield
− Property tax $4,200− Condo fees $4,586− Insurance $600− Vacancy & upkeep $3,564Net operating income $19,451

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

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