5048 William Street, Pickering, ON

Rural Pickering, Pickering · MLS® E13882760

$1,299,000
For Sale
Listed 6 days agoNo offer date stated
4Bedrooms
3Bathrooms
2Garage · 12 parking
2000-2500Sq ft

About this home

In short

  • Welcome home to this delightful country charmer located in the prestigious and close-knot hamlet of Claremont.
  • Nestled on a sprawling 82'x489' ravine lot backing onto a picturesque farm, this one of a kind property offers space and tranquility-all just a short drive from...
  • Step inside this well-maintained and thoughtfully designed home, where natural light floods the open-concept layout.
  • The home is barrier free and designed for accessibility in mind with elevator and roll-in shower: suitable for all generations and needs. the second floor features a...
  • 1 acre ravine lot with Mitchell Creek running through.

Welcome home to this delightful country charmer located in the prestigious and close-knot hamlet of Claremont. Nestled on a sprawling 82'x489' ravine lot backing onto a picturesque farm, this one of a kind property offers space and tranquility-all just a short drive from Pickering, Uxbridge, and Stouffville. Step inside this well-maintained and thoughtfully designed home, where natural light floods the open-concept layout. This bright kitchen flows seamlessly into the dining, living, and family rooms, creating an ideal space for everyday living and entertaining plus a main -floor office and spacious laundry room. The home is barrier free and designed for accessibility in mind with elevator and roll-in shower: suitable for all generations and needs. the second floor features a spacious primary bedroom with 5-piece ensuite, walk-in closet, and three more generously sized bedrooms perfect for guests or growing families. Property features: Approx. 1 acre ravine lot with Mitchell Creek running through. Backs onto a farm with phenomenal sunset views, a sledding hill in winter, and ideal conditions for gardening in warmer months. The front porch is perfect for enjoying your morning coffee to start your day. Proven potential for revenue as a film/commercial location, previously featured in marketing for prestigious company Ads. This house is walking distance to daycare, elementary school, cafe, library and community center. Quick access to golf courses, ski hills, farmers' markets, hiking, biking trails plus short drive to major commuter routes. Vibrant local community with Seasonal Events, and community-wide garage sales. This property offers the perfect blend of rural charm and urban accessibility, ideal for families, retirees, or anyone seeking a peaceful, nature-inspired lifestyle. Don't miss your chance to own this extraordinary home in one of Durham Region's most desirable communities.

Key facts

Property type
Detached, 2-Storey
MLS®
E13882760
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
82.02 × 488.85 ft
Cross streets
William St/Central St
Parking
2 garage · 12 parking (attached)
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Vinyl Siding
Foundation
Concrete, Stone
Roof
Shingles
Sewer
Septic
Property tax
$10,584 / 2026
Days on market
6
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Dining RoomMain4.00 × 3.50 m

hardwood floor · bay window · w/o to deck

OfficeMain6.00 × 3.50 m

hardwood floor · bay window · elevator

Bedroom 4Second3.00 × 3.00 m

laminate · closet · large window

Bedroom 3Second3.30 × 3.00 m

laminate · closet · large window

KitchenMain3.50 × 3.50 m

ceramic floor · stainless steel appl · large window

Living RoomMain4.20 × 3.50 m

hardwood floor · overlook greenbelt · open concept

Family RoomMain5.00 × 4.00 m

hardwood floor · large window

Primary BedroomSecond7.40 × 3.50 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Bedroom 2Second4.10 × 4.00 m

hardwood floor · double closet · large window

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

Listed at $1,299,000. Going by how homes in Rural Pickering have actually closed against their asking prices (about 97%, 41 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: $1.50M. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $1.41M and $1.57M).

Why $1.50M. The typical detached home sold in Rural Pickering over the past year went for about $1.13M (138 sales). What sets this one apart:

  • ▲ Raises it stronglyIts lot is 82 by 489 ft; the typical lot sold here is 36 by 90.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $10,584 a year; the typical home sold here pays about $8,300.
  • ▲ Raises it slightly2 garage and 12 total parking spaces, against 2 and 4 typically.
List price
$1.18MBelow recent closings$1.42MAbove recent closings

Total price vs nearby homes. Likely closing about $1.26M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.15Mmedian sold price
96%of asking, on average
−8%prices vs a year ago
~35 dayshomes like this take to sell
6days on market so far
$3,452/moest. rent · 117 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 24 detached homes for sale in the area against 41 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 $577/sqft against an area asking average of $514/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my 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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.18M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($577/sqft) is above the area, which usually points to a smaller or more efficient layout.

Based on 41 comparable homes that sold in Rural Pickering over the past two years, from 249 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Pickering · asking prices
$1.15Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $509/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home1.31M1.22M1.07M1.07M1.05MThis 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.

Duffin Heights
$1.01M
Brock Ridge
$1.06M
Liverpool
$1.08M
Village East
$850K
Amberlea
$1.02M

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
$5,920/mo
$259KIncome needed
5.0×Price ÷ income
$1,366Weekly cost
$22,455Land 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 $5,920Property tax $882Total carry $6,802

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)
$5,746per month

Mortgage amount $1,039,200 · 4.49% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$6,628Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,746
Property tax
$882
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,628

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

One-time closing costs

Ontario land transfer tax
$22,455
Estimated closing costs
$22,455

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,955/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

$684,575Total interest paid
$1,723,775Total of all payments
Principal $1,039,200 Interest $684,575
YearPrincipalInterestBalance
1$23,191$45,760$1,016,009
2$24,243$44,708$991,766
3$25,344$43,607$966,422
4$26,495$42,456$939,927
5$27,698$41,253$912,229
6$28,956$39,995$883,273
7$30,270$38,681$853,003
8$31,645$37,306$821,359
9$33,081$35,870$788,277
10$34,583$34,368$753,694
11$36,154$32,797$717,540
12$37,795$31,156$679,745
13$39,511$29,440$640,234
14$41,305$27,646$598,929
15$43,181$25,770$555,748
16$45,141$23,810$510,607
17$47,191$21,760$463,416
18$49,333$19,618$414,083
19$51,573$17,378$362,509
20$53,915$15,036$308,594
21$56,363$12,588$252,231
22$58,922$10,029$193,309
23$61,597$7,354$131,712
24$64,394$4,557$67,318
25$67,318$1,633$0

At the end of your 5-year term

Total paid over the term
$344,755
Principal paid down
$126,971
Interest paid
$217,784
Balance remaining
$912,229

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 117 whole-home leases in Rural Pickering$3,452/mo
$41,424Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,224 to $3,639Typical rent range
~24 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 117 whole-home leases in Rural Pickering signed at a median of $3,510 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,452. 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.

3.2%
Gross yield
− Property tax $10,584− Insurance $1,400− Vacancy & upkeep $4,557Net operating income $24,883

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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