1855 New Street, Pickering, ON

Amberlea, Pickering · MLS® E13798616

$999,000
For Sale
Listed 4 days agoNo offer date stated
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3+2Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Well-Maintained Family Home Situated On A Deep Premium Lot In Pickering's Highly Sought-After Amberlea Neighbourhood.
  • Featuring Three Generously Sized Bedrooms, The Spacious Primary Boasts A Walk-In Closet And A Private 4-Piece Ensuite Complete With A Soaker Tub And Separate Stand-Up...
  • The Updated Kitchen Showcases Quartz Countertops, Stainless Steel Appliances, And Ample Cabinetry, While The Bright Breakfast Area Walks Out To A Large Deck...
  • The Finished Walkout Basement Apartment Provides Excellent Flexibility For Extended Family, Guests, Or Potential Rental Income.
  • Step Outside To Your Own Backyard Oasis Featuring An Inground Pool And Plenty Of Outdoor Space On This Premium Deep Lot.

Well-Maintained Family Home Situated On A Deep Premium Lot In Pickering's Highly Sought-After Amberlea Neighbourhood! Freshly Painted And Thoughtfully Updated, With Major Home Components Already Taken Care Of. Move In, Add Your Personal Cosmetic Touches, And Make It Your Own., This Spacious Home Offers The Perfect Blend Of Comfort, Functionality, And Location. Featuring Three Generously Sized Bedrooms, The Spacious Primary Boasts A Walk-In Closet And A Private 4-Piece Ensuite Complete With A Soaker Tub And Separate Stand-Up Shower. The Updated Kitchen Showcases Quartz Countertops, Stainless Steel Appliances, And Ample Cabinetry, While The Bright Breakfast Area Walks Out To A Large Deck Overlooking The Private Backyard, Perfect For Outdoor Dining And Entertaining. Designed For Everyday Convenience, The Home Features A Main Floor Laundry Room And A Bright, Functional Layout Ideal For Growing Families. The Finished Walkout Basement Apartment Provides Excellent Flexibility For Extended Family, Guests, Or Potential Rental Income. Step Outside To Your Own Backyard Oasis Featuring An Inground Pool And Plenty Of Outdoor Space On This Premium Deep Lot. Recent Updates Include Roof (2022), Furnace (2023), Air Conditioner (2023), Kitchen Countertops (2018), And 200-Amp Electrical Service, Offering Peace Of Mind For Years To Come. Ideally Located Close To Everyday Amenities, Shopping, Restaurants, Parks, GO Transit, And Quick Access To Highways 401 And 407. Families Will Appreciate Being Surrounded By Some Of Durham Region's Top-Rated Schools, Including Gandatsetiagon Public School, Highbush Public School, Dunbarton High School, And St. Mary Catholic Secondary School. Best Of All, Highway 401 Is Just Minutes Away, Making Commuting Throughout The GTA A Breeze. A Rare Opportunity To Own A Move-In Ready Home In One Of Pickering's Most Established And Family-Friendly Communities - Welcome To Amberlea!

Key facts

Property type
Detached, 2-Storey
MLS®
E13798616
Bedrooms
3+2 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
50 × 130.14 ft
Cross streets
Whites/Strouds
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Walk-Out, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$8,171 / 2026
Days on market
4
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

Dining RoomMain3.65 × 3.30 m

laminate · combined w/living · overlooks backyard

KitchenMain4.95 × 3.05 m

family size kitchen · modern kitchen · w/o to deck

Bedroom 2Second3.70 × 3.20 m

broadloom · large closet · large window

Primary BedroomSecond6.55 × 3.35 m

4 pc ensuite · walk-in closet(s) · large window

Bedroom 5Basement0.00 × 0.00 m

broadloom · closet · window

Bedroom 4Basement3.50 × 3.40 m

laminate · double closet · window

Living RoomMain4.60 × 3.35 m

laminate · combined w/dining · large window

RecreationBasement6.40 × 5.75 m

eat-in kitchen · 3 pc bath · w/o to patio

Family RoomMain4.80 × 3.40 m

gas fireplace · laminate · large window

Bedroom 3Second3.50 × 3.15 m

broadloom · large closet · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$986Klikely sale price

Listed at $999,000. 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 $986K, if it sells. A realistic range is $923K to $1.11M.

Independent value check: $1.13M. Without looking at the asking price, our model values the home itself about 13% above 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 $8,171 a year; the typical home sold here pays about $7,100.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$923KBelow recent closings$1.11MAbove recent closings

Total price vs nearby homes. Likely closing about $986K, 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
4days on market so far
$3,577/moest. rent · 12 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 13 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 $571/sqft against an area asking average of $565/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out 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.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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.

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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($571/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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

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
$4,553/mo
$200KIncome needed
5.0×Price ÷ income
$1,051Weekly cost
$16,455Land 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.

87%mortgage
Mortgage $4,553Property tax $681Total carry $5,234

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)
$4,375per month

Mortgage amount $799,200 · 4.39% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$5,056Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,375
Property tax
$681
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,056

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,300/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

$513,184Total interest paid
$1,312,384Total of all payments
Principal $799,200 Interest $513,184
YearPrincipalInterestBalance
1$18,085$34,410$781,115
2$18,888$33,608$762,228
3$19,726$32,770$742,502
4$20,601$31,894$721,900
5$21,516$30,980$700,385
6$22,471$30,025$677,914
7$23,468$29,028$654,447
8$24,509$27,986$629,937
9$25,597$26,898$604,340
10$26,733$25,762$577,607
11$27,920$24,576$549,687
12$29,159$23,337$520,529
13$30,453$22,043$490,076
14$31,804$20,691$458,271
15$33,216$19,279$425,055
16$34,690$17,805$390,365
17$36,230$16,266$354,136
18$37,838$14,658$316,298
19$39,517$12,978$276,781
20$41,271$11,225$235,510
21$43,102$9,393$192,408
22$45,015$7,480$147,392
23$47,013$5,482$100,379
24$49,100$3,396$51,279
25$51,279$1,216$0

At the end of your 5-year term

Total paid over the term
$262,477
Principal paid down
$98,815
Interest paid
$163,662
Balance remaining
$700,385

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$3,577/mo
$42,924Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,243 to $3,828Typical 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 $3,577. 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.

4.3%
Gross yield
− Property tax $8,171− Insurance $1,400− Vacancy & upkeep $4,722Net operating income $28,632

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

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