1627 Rayleen Crescent, Pickering, ON

Brock Ridge, Pickering · MLS® E13873772

$799,000
For Sale
Listed 8 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • ATTENTION RENOVATORS & INVESTORS - Here's your chance to bring new life to 1627 Rayleen Cres and turn potential into profit.
  • The location does a lot of the heavy lifting, with schools, parks, shopping, restaurants and everyday conveniences nearby, plus easy access to Pickering GO, Highway...

ATTENTION RENOVATORS & INVESTORS - Here's your chance to bring new life to 1627 Rayleen Cres and turn potential into profit. Located in Pickering's established Brock Ridge community, this property is ready for someone with vision, creativity and a plan. Renovate and resell, update and hold, or transform it into a standout home for today's market. The location does a lot of the heavy lifting, with schools, parks, shopping, restaurants and everyday conveniences nearby, plus easy access to Pickering GO, Highway 401 and Highway 407. This is the kind of property where the right improvements can make a real difference. Bring your contractor, your ideas and your imagination. See the potential. Create the value. Make it yours.

Key facts

Property type
Detached, 2-Storey
MLS®
E13873772
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
49.28 × 100.16 ft
Cross streets
Brock Road & Major Oaks Road
Parking
2 garage · 6 parking (attached)
Driveway
Available
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,770 / 2026
Days on market
8
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Living RoomMain3.57 × 5.40 m

Hardwood Floor

Bedroom 3Second3.47 × 3.58 m

b/i closet · parquet

Family RoomMain3.58 × 3.39 m

Parquet

Primary BedroomSecond3.50 × 5.82 m

4 pc ensuite · closet

Bedroom 2Second3.48 × 3.74 m

B/I Closet

Bedroom 4Second3.13 × 3.32 m

b/i closet · parquet

KitchenMain7.13 × 3.39 m

tile floor · w/o to yard

Dining RoomMain4.16 × 3.46 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$779Klikely sale price

Listed at $799,000. Going by how homes in Brock Ridge and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $779K, if it sells. A realistic range is $730K to $878K.

Independent value check: $1.03M. Without looking at the asking price, our model values the home itself about 29% above the ask (homes like it typically land between $966K and $1.08M).

Why $1.03M. The typical detached home sold in Brock Ridge over the past year went for about $970K (47 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,770 a year; the typical home sold here pays about $6,700.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
List price
$730KBelow recent closings$878KAbove recent closings

Total price vs nearby homes. Likely closing about $779K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$1.04Mmedian sold price
98%of asking, on average
+7%prices vs a year ago
~22 dayshomes like this take to sell
8days on market so far
$3,655/moest. rent · 10 leases
5.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 7 detached homes for sale in the area against 9 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 $291/sqft against an area asking average of $454/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. Condition and finishes remain an in-person call.

Based on 9 comparable homes that sold in Brock Ridge over the past two years, from 72 closings there.

What sellers nearby are askingCurrently listed nearby in Brock Ridge · asking prices
$1.08Mavg 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 $1.03M, which is where my estimate comes from.

Per square foot, these ask about $440/sqft; this home lists at $291/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
799kThis home955k1.25M980k1.10M1.10MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Pickering: $1.02M in September 2026, down 3% from a year ago, on 646 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. Pickering as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.06M61
November 2025$1.07M49
December 2025$1.03M35
January 2026$1000K33
February 2026$1.04M40
March 2026$1.02M55
April 2026$1.07M68
May 2026$1.05M65
June 2026$1.08M73
July 2026$1.06M61
August 2026$983K54
September 2026$1.02M52

Neighbourhood & location

Brock Ridge, 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.

Village East
$850K
Liverpool
$1.08M
Duffin Heights
$935K
Dunbarton
$1.49M
Bay Ridges
$814K

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
$3,642/mo
$165KIncome needed
4.9×Price ÷ income
$840Weekly cost
$12,455Land 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.

85%mortgage
Mortgage $3,642Property tax $647Total carry $4,289

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%
$
%
4.49%
%
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)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$4,182Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$648
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,182

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

One-time closing costs

Ontario land transfer tax
$12,455
Estimated closing costs
$12,455

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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 Brock Ridge$3,655/mo
$43,860Gross annual rent
3.7%Cap rate after taxes and upkeep
$3,356 to $3,948Typical rent range
~42 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 Brock Ridge signed at a median of $3,422 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,655. 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.

5.5%
Gross yield
− Property tax $7,770− Insurance $1,400− Vacancy & upkeep $4,825Net operating income $29,866

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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