109-1535 Diefenbaker Court, Pickering, ON

Town Centre, Pickering · MLS® E13579062

$399,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
1Parking
1000-1199Sq Ft

About this home

Welcome to The Village at the Pines! This spacious unit just under 1100 sq ft. 3 spacious bedrooms with ample closet space. Location speaks for itself, but Ill tell you anyway! Walking distance to Pickering Town Centre, Go station, Rec Centre, Library and parks. Get front row views of all of Pickerings events from the large balcony facing Princess of Wales park. Fireworks, Summer and Christmas events. Located seconds from Nearby walking paths, volleyball/tennis/basketball courts, playgrounds, soccer fields and a skate park. Short drive to the lakefront along Frenchman's Bay. Extremely easy access to the 401. Includes, security, parking

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13579062
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
Brock Road & Pickering Parkway
Parking
1 parking
Basement
None
Heating
Heat Pump
A/C
Window Unit(s)
Exterior
Brick
Maintenance
$538/mo
Exposure
West
Property tax
$3,027 / 2025
Listing brokerage
PROPERTY XCHANGE REALTY POINT

Rooms

Primary BedroomMain5.70 × 3.05 m

laminate · ensuite bath · double closet

Bedroom 3Main3.96 × 2.75 m

laminate · w/o to balcony

LaundryMain2.44 × 0.92 m
Living RoomMain7.65 × 3.35 m

laminate · large window · w/o to balcony

Bedroom 2Main3.96 × 2.75 m

laminate · closet

KitchenMain4.57 × 2.43 m

backsplash · renovated · breakfast bar

Moe’s TakeTeam Asgarian · Broker
Below comparables
$509Kest. value

Listed at $399,000, this home is about 22% below comparable homes, worth a close look. 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 $437K, a bit lower.

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 $475K
  • Adjusts to $475K

That comparable adjusts to $475K; the $509K 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. Westbound @ 1538 Pickering Parkway is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$399KGreat deal$510KOverpriced

Total price vs nearby homes. Fair value about $509K, median of 5 comparables.

Comparable listingsCurrently listed nearby in Town Centre · asking prices
$507kavg asking

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

609-1540 Pickering Parkway$475k402-1525 Diefenbaker Court$509k601-1530 Pickering Parkway$510k206-1530 Pickering Parkway$500k501-1200 The Esplanade$539k

The 5 closest of 7 active listings nearby.

See all comparable homes
399kThis home475k509k510k500k539kThis home vs active comparables
Live market pulseActive comparables in Town Centre · median list $510K
$363this home / sqft
10active listings nearby

This home lists 31% below the area average of $523/sqft.

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

76/ 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: Westbound @ 1538 Pickering Parkway, about 125 m away

20+ transit stops7 grocery20+ dining12 parks13 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.

Village East
$480K
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
$1,819/mo
$91KIncome needed
4.4×Price ÷ income
$420Weekly 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.

70%mortgage
Mortgage $1,819Property tax $252Condo fee $538Total carry $2,609

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)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,494Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$252
Condo / maintenance fees
$538
Heating
$0
Estimated monthly cost
$2,494

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

One-time closing costs

Ontario land transfer tax
$4,460
Estimated closing costs
$4,460

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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
6.6%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.

10.2%
Gross yield
− Property tax $3,027− Condo fees $6,457− Insurance $600− Vacancy & upkeep $4,488Net operating income $26,228

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

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