1524 Amberlea Road, Pickering, ON

Amberlea, Pickering · MLS® E13687638

$849,000
For Sale
Listed 34 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • POWER OF SALE - PROPERTY BEING SOLD IN "AS IS, WHERE IS" CONDITION.Located in a lovely, established family neighbourhood, this spacious home features a double-car...
  • The second floor features a generous primary bedroom with a 3-piece ensuite and walk-incloset, two additional good-sized bedrooms, and a 4-piece family bathroom.
  • The finished basement provides additional living space with a recreation room, kitchen,additional bedroom, and 3-piece bathroom.
  • Conveniently located close to schools, public transit, shopping, parks, and other amenities,with easy access to Highways 401 and 407.Property is being sold under...

POWER OF SALE - PROPERTY BEING SOLD IN "AS IS, WHERE IS" CONDITION.Located in a lovely, established family neighbourhood, this spacious home features a double-car garage, 3+1 bedrooms, and 4 bathrooms.The main floor offers an eat-in kitchen with a walkout to the backyard, a comfortable familyroom with fireplace, and separate formal living and dining rooms.The second floor features a generous primary bedroom with a 3-piece ensuite and walk-incloset, two additional good-sized bedrooms, and a 4-piece family bathroom.The finished basement provides additional living space with a recreation room, kitchen,additional bedroom, and 3-piece bathroom.Conveniently located close to schools, public transit, shopping, parks, and other amenities,with easy access to Highways 401 and 407.Property is being sold under Power of Sale and is offered in "As Is, Where Is" condition.Buyer and Buyer's Agent to conduct their own due diligence and satisfy themselves with respectto all aspects of the property.

Key facts

Property type
Detached, 2-Storey
MLS®
E13687638
Bedrooms
3+1 (4 total)
Bathrooms
4 (2 half)
Size
1100-1500 sq ft
Lot
39.37 × 98.53 ft
Cross streets
Whites and Strouds Lane
Parking
2 garage · 4 parking (attached)
Driveway
Available
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Other
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,926 / 2025
Days on market
34
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Living RoomBasement5.41 × 2.71 m
Primary BedroomSecond4.52 × 4.29 m
Bedroom 3Second3.30 × 3.07 m
KitchenBasement5.41 × 1.21 m
Powder RoomMain1.63 × 1.27 m
BedroomBasement3.21 × 2.16 m
KitchenMain2.46 × 5.23 m
BathroomSecond1.73 × 0.79 m
Bedroom 2Second4.52 × 2.59 m
Living RoomMain5.41 × 3.63 m
BathroomBasement2.44 × 2.62 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$838Klikely sale price

Listed at $849,000. Going by how homes in Amberlea and the wider GTA have actually closed against their asking prices (about 99%, 26 local closings in 90 days), the likely sale price is near $838K, if it sells. A realistic range is $785K to $944K.

Independent value check: $808K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $758K and $847K).

Why $808K. The typical detached home sold in Amberlea over the past year went for about $1.01M (90 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,926 a year; the typical home sold here pays about $7,100.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,750 to 2,250.
  • ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
List price
$785KBelow recent closings$944KAbove recent closings

Total price vs nearby homes. Likely closing about $838K, from 26 recent closings in this pocket.

The market behind the math:

26sold nearby · 90 days
$950Kmedian sold price
100%of asking, on average
−14%prices vs a year ago
~16 dayshomes like this take to sell
34days on market so far
$3,182/moest. rent · 10 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 8 detached homes for sale in the area against 26 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $653/sqft against an area asking average of $589/sqft.

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 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $789K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully

Based on 26 comparable homes that sold in Amberlea over the past two years, from 196 closings there.

What sellers nearby are askingCurrently listed nearby in Amberlea · asking prices
$950kavg 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 $808K, which is where my estimate comes from.

Per square foot, these ask about $580/sqft; this home lists at $653/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
849kThis home950k999k999k950k850kThis home vs active comparables

Neighbourhood & location

Amberlea, 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.

Dunbarton
$1.60M
Woodlands
$1.49M
Highbush
$1.18M
Liverpool
$1.08M
Rougemount
$1.74M

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
$3,869/mo
$167KIncome needed
5.1×Price ÷ income
$893Weekly cost
$13,455Land 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.

89%mortgage
Mortgage $3,869Property tax $494Total carry $4,363

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,718per month

Mortgage amount $679,200 · 4.39% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$4,212Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,718
Property tax
$494
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,212

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

One-time closing costs

Ontario land transfer tax
$13,455
Estimated closing costs
$13,455

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,504/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

$436,130Total interest paid
$1,115,330Total of all payments
Principal $679,200 Interest $436,130
YearPrincipalInterestBalance
1$15,369$29,244$663,831
2$16,052$28,562$647,779
3$16,764$27,849$631,015
4$17,508$27,105$613,507
5$18,285$26,328$595,222
6$19,097$25,517$576,125
7$19,944$24,669$556,181
8$20,829$23,784$535,352
9$21,754$22,859$513,598
10$22,719$21,894$490,879
11$23,727$20,886$467,152
12$24,781$19,833$442,371
13$25,880$18,733$416,491
14$27,029$17,584$389,462
15$28,229$16,385$361,233
16$29,481$15,132$331,752
17$30,790$13,823$300,962
18$32,156$12,457$268,806
19$33,583$11,030$235,222
20$35,074$9,539$200,148
21$36,631$7,983$163,518
22$38,256$6,357$125,261
23$39,954$4,659$85,307
24$41,728$2,886$43,579
25$43,579$1,034$0

At the end of your 5-year term

Total paid over the term
$223,066
Principal paid down
$83,978
Interest paid
$139,088
Balance remaining
$595,222

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 10 whole-home leases in Amberlea$3,182/mo
$38,184Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,923 to $3,543Typical rent range
~25 daysTo find a tenant, on average

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 10 whole-home leases in Amberlea signed at a median of $3,497 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,182. 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.

4.5%
Gross yield
− Property tax $5,926− Insurance $1,400− Vacancy & upkeep $4,200Net operating income $26,658

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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