1859 New Street, Pickering, ON

Amberlea, Pickering · MLS® E13780068

$1,272,960
For Sale
Listed 7 days agoNo offer date stated
Request a showing
◎ Directions
2+3Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully designed, Custom-built oversized detached bungalow in the heart of Amberlea, one of Pickering's most sought-after family neighbourhoods.
  • Offering an incredibly versatile 1737 sq ft layout with 2+3 bedrooms, 4 bathrooms, 3 kitchens, and 2 basement walkouts to the apartments.
  • Commuters will love the quick access to Highway 401, Highway 407, Pickering GO Station, Durham Region Transit, and nearby shopping, restaurants, and everyday amenities.

Welcome to this beautifully designed, Custom-built oversized detached bungalow in the heart of Amberlea, one of Pickering's most sought-after family neighbourhoods! Offering an incredibly versatile 1737 sq ft layout with 2+3 bedrooms, 4 bathrooms, 3 kitchens, and 2 basement walkouts to the apartments! This beautiful home is perfectly suited for today's multi-generational families, those seeking space for extended family, or buyers looking for outstanding income potential (where permitted). The spacious and functional floor plan is ideal for both everyday living and entertaining, with generous principal rooms, multiple living areas, and three well-appointed kitchens that provide unmatched convenience. Whether you're hosting family gatherings, accommodating guests, or looking for a home that can evolve with your family's changing needs, this property delivers exceptional value and versatility rarely found in today's market. Located on a quiet, family-friendly street in the established Amberlea community, this home offers the perfect balance of peaceful suburban living and everyday convenience. Surrounded by mature trees, parks, walking trails, and beautiful green spaces, including nearby Altona Forest, residents enjoy an active outdoor lifestyle while remaining just minutes from everything they need. Families will appreciate the area's highly regarded public and Catholic schools, French Immersion opportunities, numerous parks and playgrounds, community centres, and recreational facilities. Commuters will love the quick access to Highway 401, Highway 407, Pickering GO Station, Durham Region Transit, and nearby shopping, restaurants, and everyday amenities.

Key facts

Property type
Detached, Bungalow
MLS®
E13780068
Bedrooms
2+3 (5 total)
Bathrooms
4
Size
1500-2000 sq ft
Lot
50 × 128.9 ft
Cross streets
Whites/New
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Apartment
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$8,580 / 2025
Days on market
7
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

DenMain4.18 × 3.25 m

Hardwood Floor

KitchenMain3.50 × 3.10 m

granite floor · granite counters · backsplash

Cold Room/CantinaMain3.50 × 2.22 m

Concrete Floor

KitchenBasement5.50 × 3.42 m

ceramic floor · walk-out · above grade window

LaundryMain2.36 × 1.70 m

laundry sink · ceramic floor · w/o to garage

Bedroom 5Basement4.16 × 3.00 m
Living RoomBasement4.10 × 3.50 m

Broadloom

OtherBasement2.38 × 2.26 m

Concrete Floor

KitchenBasement5.62 × 3.75 m

Ceramic Floor

OtherMain2.38 × 2.26 m

Concrete Floor

Bedroom 2Main3.45 × 3.10 m

hardwood floor · double closet

Bedroom 4Basement4.17 × 4.10 m

broadloom · closet

Bedroom 3Basement3.67 × 3.47 m

broadloom · closet

BreakfastMain3.30 × 3.10 m

granite floor · w/o to deck

Family RoomMain4.78 × 4.08 m

granite floor · gas fireplace · cathedral ceiling(s)

Primary BedroomMain4.74 × 3.80 m

hardwood floor · overlooks garden · 5 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.26Mlikely sale price

Listed at $1,272,960. 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 $1.26M, if it sells. A realistic range is $1.18M to $1.42M.

Independent value check: $1.13M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.06M and $1.18M).

Why $1.13M. The typical detached home sold in Amberlea over the past year went for about $1.01M (90 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,580 a year; the typical home sold here pays about $7,100.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIts lot is 50 by 129 ft; the typical lot sold here is 37 by 110.
List price
$1.18MBelow recent closings$1.42MAbove recent closings

Total price vs nearby homes. Likely closing about $1.26M, 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
7days on market so far
$3,502/moest. rent · 12 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 2 months of inventory: 17 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 $727/sqft against an area asking average of $563/sqft.

  • basement apartment features. A finished 3 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Amberlea: 19 of the 66 detached leases here lately were basement units, around $1,700 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 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.09M. 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 Amberlea, so I widened the search to the surrounding area.

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
$1.02Mavg 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 $1.13M, which is where my estimate comes from.

Per square foot, these ask about $615/sqft; this home lists at $727/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.27MThis home999k950k999k849k1.29MThis 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
Liverpool
$1.08M
Woodlands
$1.49M
Highbush
$1.18M
West Shore
$846K

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
$5,802/mo
$248KIncome needed
5.1×Price ÷ income
$1,339Weekly cost
$21,934Land 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 $5,802Property tax $715Total carry $6,517

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)
$5,574per month

Mortgage amount $1,018,368 · 4.39% over 25 years

$254,592Down payment (20.0%)
$1,018,368Loan before insurance
$0CMHC premium
$6,289Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,574
Property tax
$715
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,289

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

One-time closing costs

Ontario land transfer tax
$21,934
Estimated closing costs
$21,934

Plus your down payment of $254,592. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,754/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

$653,917Total interest paid
$1,672,285Total of all payments
Principal $1,018,368 Interest $653,917
YearPrincipalInterestBalance
1$23,044$43,847$995,324
2$24,067$42,824$971,256
3$25,135$41,756$946,121
4$26,251$40,641$919,870
5$27,416$39,475$892,454
6$28,633$38,259$863,822
7$29,903$36,988$833,918
8$31,231$35,661$802,688
9$32,617$34,275$770,071
10$34,064$32,827$736,007
11$35,576$31,315$700,430
12$37,155$29,736$663,275
13$38,804$28,087$624,471
14$40,526$26,365$583,945
15$42,325$24,567$541,620
16$44,203$22,688$497,417
17$46,165$20,726$451,252
18$48,214$18,677$403,038
19$50,354$16,538$352,684
20$52,589$14,303$300,095
21$54,923$11,969$245,172
22$57,360$9,531$187,812
23$59,906$6,985$127,906
24$62,565$4,327$65,341
25$65,341$1,550$0

At the end of your 5-year term

Total paid over the term
$334,457
Principal paid down
$125,914
Interest paid
$208,543
Balance remaining
$892,454

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 12 whole-home leases in Amberlea$3,502/mo
$42,024Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,168 to $3,753Typical rent range
~25 daysTo find a tenant, on average

The suite is real income here: basements rent in Amberlea (19 of 66 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 12 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 $3,502. 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.

3.3%
Gross yield
− Property tax $8,580− Insurance $1,400− Vacancy & upkeep $4,623Net operating income $27,421

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

CallRequest a showing