1543 Otonabee Drive, Pickering, ON
Amberlea, Pickering · MLS® E13817264
About this home
In short
- Welcome to 1543 Otonabee Drive - This bright and spacious 1,601 sq ft linked home, well cared for by its original owner, it offers the perfect blend of comfort and...
- The main floor features a welcoming living and dining room combination, along with a kitchen complete with a breakfast area and walkout to a private backyard patio -...
- Upstairs, you'll find 3 generously sized bedrooms and a cozy family room warmed by a gas fireplace, perfect for relaxing evenings.
- With 3 bathrooms in total, this home comfortably accommodates busy family life, plus a rough in for an additional bathroom in the basement.
- Important updates include furnace and central air in 2025.
Welcome to 1543 Otonabee Drive - This bright and spacious 1,601 sq ft linked home, well cared for by its original owner, it offers the perfect blend of comfort and functionality in one of Pickering's most sought-after family neighbourhoods. The main floor features a welcoming living and dining room combination, along with a kitchen complete with a breakfast area and walkout to a private backyard patio - ideal for morning coffee or weekend entertaining. Upstairs, you'll find 3 generously sized bedrooms and a cozy family room warmed by a gas fireplace, perfect for relaxing evenings. With 3 bathrooms in total, this home comfortably accommodates busy family life, plus a rough in for an additional bathroom in the basement. Important updates include furnace and central air in 2025. Location is everything, walking distance to both primary and secondary schools, shops, restaurants, and parks. Nature lovers will appreciate being just steps from Altona Forest, a stunning conservation area with scenic walking trails right at your doorstep!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13817264
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 24.63 × 104.77 ft
- Cross streets
- Highview and Rosebank Rd
- Parking
- 1 garage · 2 parking (attached)
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,991 / 2026
- Days on market
- 23
- Listing brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Rooms
picture window · laminate
Broadloom
gas fireplace · picture window · broadloom
broadloom · closet
gas fireplace · picture window · broadloom
laminate · breakfast area · w/o to yard
broadloom · closet
4 pc ensuite · walk-in closet(s) · broadloom
laminate · window
4 pc ensuite · walk-in closet(s) · broadloom
broadloom · closet
Listed at $799,900. Going by how homes in Amberlea and the wider GTA have actually closed against their asking prices (about 98%, 21 local closings in 90 days), the likely sale price is near $782K, if it sells. A realistic range is $733K to $881K.
Independent value check: $774K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $725K and $811K).
Why $774K. The typical detached home sold in Amberlea over the past year went for about $1.01M (90 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $5,991 a year; the typical home sold here pays about $7,100.
- ▼ Lowers it1 garage and 2 total parking spaces, against 2 and 4 typically.
- ▼ Lowers it3 bedrooms and 3 baths, against 4+1 and 4 typically.
- ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
Total price vs nearby homes. Likely closing about $782K, from 21 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 12 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $457/sqft against an area asking average of $519/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 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $786K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Based on 21 comparable homes that sold in Amberlea over the past two years, from 193 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $774K, which is where my estimate comes from.
Per square foot, these ask about $507/sqft; this home lists at $457/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Amberlea: $865K in September 2026, down 12% from a year ago, on 76 closings in 8 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.14M | 7 |
| November 2025 | $1.03M | 8 |
| March 2026 | $1.02M | 9 |
| May 2026 | $1.03M | 11 |
| June 2026 | $1.07M | 11 |
| July 2026 | $950K | 13 |
| August 2026 | $935K | 7 |
| September 2026 | $865K | 10 |
Neighbourhood & location
Amberlea, Pickering, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $639,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,538
- Property tax
- $499
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,037
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,473
- Estimated closing costs
- $12,473
Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $212,294
- Principal paid down
- $78,186
- Interest paid
- $134,107
- Balance remaining
- $561,734
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 13 whole-home leases in Amberlea signed at a median of $3,484 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,330. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.. MLS®/PropTx.