253 Martins Street, Pickering, ON

Rural Pickering, Pickering · MLS® E13875464

$7,259,000
For Sale
Listed 8 days agoNo offer date stated
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5+1Bedrooms
10Bathrooms
4Garage
5,000Sq ft

About this home

In short

  • Introducing The Martins Estate.
  • Offering approximately 14,000 sq. ft. of living space on an impressive approx.
  • 145 x 200 ft. lot, this custom-built estate has been thoughtfully designed for grand-scale entertaining, multi-generational living and everyday comfort.
  • The home features 5 bedrooms plus a lower-level nanny suite, 9 washrooms, 2+1 kitchens, a driveway that parks 20 and 2 finished garages to accommodate at least 4 cars.
  • The main level showcases a dramatic grand foyer, soaring ceilings, an elegant formal dining room, expansive great room, chef's kitchen with Thermador appliances...

Introducing The Martins Estate. A statement residence where scale, craftsmanship and sophisticated design come together in one of Pickering's most exceptional luxury offerings. Offering approximately 14,000 sq. ft. of living space on an impressive approx. 145 x 200 ft. lot, this custom-built estate has been thoughtfully designed for grand-scale entertaining, multi-generational living and everyday comfort. The home features 5 bedrooms plus a lower-level nanny suite, 9 washrooms, 2+1 kitchens, a driveway that parks 20 and 2 finished garages to accommodate at least 4 cars. The main level showcases a dramatic grand foyer, soaring ceilings, an elegant formal dining room, expansive great room, chef's kitchen with Thermador appliances, breakfast area, secondary prep kitchen/scullery, private office and a luxurious main-floor primary suite. Upstairs, a second primary retreat is joined by generously proportioned secondary bedrooms with ensuite access. The extensively finished lower level is an entertainer's destination of its own, featuring an oversized recreation area, wet bar, home theatre, fitness room, sauna, lounge, nanny suite and a striking custom aquarium. Multiple balconies, expansive windows, refined architectural detailing and generous outdoor living areas complete this remarkable residence. A rare opportunity to experience exceptional scale, versatility and craftsmanship in a truly distinctive estate, just moments from Toronto.

Key facts

Property type
Detached, 2-Storey
MLS®
E13875464
Bedrooms
5+1 (6 total)
Bathrooms
10 (3 half)
Size
5,000 sq ft
Lot
145 × 200 ft
Cross streets
Altona Rd / Heska
Parking
4 garage (built-in)
Driveway
Private, Circular Drive
Basement
Finished with Walk-Out, Separate Entrance, Finished
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$30,828 / 2026
Days on market
8
Listing brokerage
WE REALTY

Rooms

Primary BedroomMain8.60 × 7.60 m
KitchenMain5.70 × 3.70 m

Broadloom

Exercise RoomLower8.00 × 8.00 m
Great RoomMain10.70 × 7.90 m
Primary BedroomUpper6.52 × 5.70 m
Game RoomLower7.15 × 6.15 m
Bedroom 4Upper3.80 × 4.50 m
Bedroom 3Upper4.85 × 3.50 m

3 Pc Bath

Mud RoomMain5.49 × 2.99 m
BreakfastMain6.60 × 5.10 m
Media RoomLower10.00 × 9.00 m
Bedroom 5Lower9.10 × 8.20 m
FoyerMain8.10 × 8.30 m
KitchenMain11.00 × 8.00 m

Broadloom

KitchenLower6.00 × 3.00 m
Dining RoomMain8.30 × 6.30 m
OfficeMain4.60 × 4.50 m
RecreationLower16.90 × 6.00 m
Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Rural Pickering (3,500 sq ft and up) have sold between $1.28M and $3.90M over the last two years (9 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Rural Pickering · asking prices
$4.03Mavg 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 $4.29M, which is where my estimate comes from.

Per square foot, these ask about $844/sqft; this home lists at $1,452/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
7.26MThis home5.00M3.00M3.29M5.50M3.36MThis 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.

Highbush
$1.08M
Amberlea
$1.00M
Dunbarton
$1.49M
Woodlands
$1.56M
Liverpool
$1.10M

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
$33,084/mo
$1341KIncome needed
5.4×Price ÷ income
$7,635Weekly cost
$167,950Land 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.

93%mortgage
Mortgage $33,084Property tax $2,569Total carry $35,653

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)
$32,109per month

Mortgage amount $5,807,200 · 4.49% over 25 years

$1,451,800Down payment (20.0%)
$5,807,200Loan before insurance
$0CMHC premium
$34,678Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$32,109
Property tax
$2,569
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$34,678

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

One-time closing costs

Ontario land transfer tax
$167,950
Estimated closing costs
$167,950

Plus your down payment of $1,451,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$38,863/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

$3,825,502Total interest paid
$9,632,702Total of all payments
Principal $5,807,200 Interest $3,825,502
YearPrincipalInterestBalance
1$129,592$255,716$5,677,608
2$135,476$249,832$5,542,132
3$141,627$243,681$5,400,505
4$148,058$237,250$5,252,447
5$154,780$230,528$5,097,667
6$161,808$223,500$4,935,860
7$169,154$216,154$4,766,705
8$176,835$208,473$4,589,871
9$184,864$200,444$4,405,007
10$193,257$192,051$4,211,750
11$202,032$183,276$4,009,718
12$211,205$174,103$3,798,513
13$220,794$164,514$3,577,719
14$230,819$154,489$3,346,900
15$241,299$144,009$3,105,600
16$252,255$133,053$2,853,345
17$263,709$121,599$2,589,636
18$275,682$109,626$2,313,954
19$288,199$97,109$2,025,754
20$301,285$84,023$1,724,470
21$314,964$70,344$1,409,505
22$329,265$56,043$1,080,240
23$344,215$41,093$736,026
24$359,844$25,464$376,182
25$376,182$9,126$0

At the end of your 5-year term

Total paid over the term
$1,926,540
Principal paid down
$709,533
Interest paid
$1,217,008
Balance remaining
$5,097,667

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 Rural Pickering$5,446/mo
$65,352Gross annual rent
0.4%Cap rate after taxes and upkeep
$5,173 to $5,718Typical 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 12 whole-home leases in Rural Pickering signed at a median of $3,830 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,446. 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.

0.9%
Gross yield
− Property tax $30,828− Insurance $1,400− Vacancy & upkeep $7,189Net operating income $25,935

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

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