2939 Grindstone Crescent, Pickering, ON

Rural Pickering, Pickering · MLS® E13738552

$1,699,000
For Sale
Listed 43 days agoNo offer date stated
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5Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Welcome To This Spacious And Beautifully Designed Detached Home Located On A Premium Ravine Lot In Pickering Sought-After New Seaton Community.
  • Offering 5 Bedrooms, 4 Bathrooms, And 3,253 Sq Ft Of Elegant Space, This Home Features A Walk-Out Basement With Peaceful Views Of Nature.
  • Hardwood Floors On The Main Level And 2 Nd Level, Along With A Modern Open-Concept Kitchen With Stainless Steel Appliances.
  • The Upper Floor Offers 9-Foot Ceilings, A Spacious Primary Bedroom With His-And-Hers Walk-In Closets, And A Spa-Inspired 5-Piece Ensuite.
  • The Double Car Garage Plus A Wide Driveway Fits 4 Cars With No Sidewalk, Located Minutes From Top-Rated Schools, Parks, Shopping, 401/407, And Transit .A Rare Blend...

Welcome To This Spacious And Beautifully Designed Detached Home Located On A Premium Ravine Lot In Pickering Sought-After New Seaton Community. Offering 5 Bedrooms, 4 Bathrooms, And 3,253 Sq Ft Of Elegant Space, This Home Features A Walk-Out Basement With Peaceful Views Of Nature. Hardwood Floors On The Main Level And 2 Nd Level, Along With A Modern Open-Concept Kitchen With Stainless Steel Appliances. The Upper Floor Offers 9-Foot Ceilings, A Spacious Primary Bedroom With His-And-Hers Walk-In Closets, And A Spa-Inspired 5-Piece Ensuite. One Ensuite Bedroom And Two Additional Suites On Second Level. Plus Theres A Bonus Media/Library Area Perfect For Today'S Lifestyle. The Double Car Garage Plus A Wide Driveway Fits 4 Cars With No Sidewalk, Located Minutes From Top-Rated Schools, Parks, Shopping, 401/407, And Transit .A Rare Blend Of Space, Comfort, And Style Ready For Your Family To Move In And Enjoy!

Key facts

Property type
Detached, 2-Storey
MLS®
E13738552
Bedrooms
5
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
44.95 × 91.21 ft
Cross streets
Taunton/White
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
43
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

BreakfastMain5.61 × 4.27 m

Tile Floor

Primary BedroomSecond3.66 × 3.05 m

Hardwood Floor

Family RoomMain4.88 × 4.88 m

Hardwood Floor

Living RoomMain4.88 × 6.10 m

Hardwood Floor

Bedroom 4Second3.29 × 2.47 m

Hardwood Floor

Bedroom 5Second3.96 × 3.23 m

Hardwood Floor

Bedroom 3Second3.66 × 2.47 m

Hardwood Floor

Bedroom 2Second3.66 × 3.05 m

Hardwood Floor

KitchenMain2.74 × 4.88 m

Tile Floor

LibraryMain2.80 × 3.57 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.65Mlikely sale price

Listed at $1,699,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.65M, typically $1.54M to $1.86M. Comparable closings on their own put this home around $1.29M, about 24% below the ask.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$1.54MBelow recent closings$1.86MAbove recent closings

Total price vs nearby homes. Likely closing about $1.65M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.15Mmedian sold price
96%of asking, on average
−8%prices vs a year ago
~35 dayshomes like this take to sell
43days on market so far
$4,391/moest. rent · 127 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 9 detached homes for sale in the area against 41 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 $523/sqft against an area asking average of $611/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 41 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights5 points to weigh

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

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($523/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 41 comparable homes that sold in Rural Pickering over the past two years, from 249 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Pickering · asking prices
$1.83Mavg asking

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

Per square foot, these ask about $562/sqft; this home lists at $523/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.50M1.38M1.32M2.25M2.68MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Rural Pickering: $1.21M in September 2026, up 1% from a year ago, on 143 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.

Month by month
MonthMedian soldClosings
October 2025$1.10M18
November 2025$1.22M13
December 2025$1.22M10
January 2026$1.00M6
February 2026$1.11M9
March 2026$1.05M11
April 2026$1.01M11
May 2026$1.23M8
June 2026$1.21M14
July 2026$1.15M14
August 2026$1.16M15
September 2026$1.21M14

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.

Nearby neighbourhoods

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

Duffin Heights
$935K
Brock Ridge
$1.06M
Liverpool
$1.08M
Amberlea
$1.02M
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
$7,743/mo
$334KIncome needed
5.1×Price ÷ income
$1,787Weekly cost
$30,455Land 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.

88%mortgage
Mortgage $7,743Estimated property tax $1,062Total carry $8,805

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,577Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Estimated property tax
$1,062
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,577

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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 127 whole-home leases in Rural Pickering$4,391/mo
$52,692Gross annual rent
2.0%Cap rate after taxes and upkeep
$4,172 to $4,611Typical rent range
~24 daysTo find a tenant, on average

The suite is real income here: basements rent in Rural Pickering (31 of 300 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 127 whole-home leases in Rural Pickering signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,391. 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.

3.1%
Gross yield
− Property tax $11,893− Insurance $1,400− Vacancy & upkeep $5,796Net operating income $33,603

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

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