1870 Larksmere Court, Pickering, ON

Village East, Pickering · MLS® E14030622

$899,900
For Sale
Listed 1 day agoNo offer date stated
4Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 1870 Larksmere Court, a spacious 4-bedroom family home tucked away on a quiet cul-de-sac with direct access to Beachlawn Park.
  • 2026~ Freshly painted with updated engineered hardwood flooring, baseboards and a beautifully new staircase with modern iron pickets, the home feels fresh and inviting.
  • Recent improvements also include a brand-new roof (2026), new vanity in the ensuite.
  • A separate entrance (through garage) to the finished basement new vinyl laminate flooring (2026) opens the door to endless possibilities, with flexible additional...
  • Outside, enjoy a private backyard with plenty of room for relaxing, entertaining or creating your own outdoor retreat.

Welcome to 1870 Larksmere Court, a spacious 4-bedroom family home tucked away on a quiet cul-de-sac with direct access to Beachlawn Park. Offering the perfect combination of move-in-ready updates and exciting potential to make it your own. With many of the major improvements already completed, buyers can move in, enjoy and continue to personalize the home over time. The bright and functional layout offers generous principal rooms and four large bedrooms, including a spacious primary retreat with two closets and a private 3-piece ensuite. 2026~ Freshly painted with updated engineered hardwood flooring, baseboards and a beautifully new staircase with modern iron pickets, the home feels fresh and inviting. Recent improvements also include a brand-new roof (2026), new vanity in the ensuite. A separate entrance (through garage) to the finished basement new vinyl laminate flooring (2026) opens the door to endless possibilities, with flexible additional living space ideal for extended family, a private guest retreat or potential future income use. Outside, enjoy a private backyard with plenty of room for relaxing, entertaining or creating your own outdoor retreat. A double-car garage plus driveway parking for four vehicles provides exceptional space for a busy household and guests. Set in an established, family-friendly court & neighbourhood, this home offers convenient access to Highway 401, Pickering GO, schools, parks, shopping, restaurants and everyday amenities, making commuting and daily life easy. If you've been searching for a home with room to grow, valuable updates already completed and just enough opportunity left to add your own style, 1870 Larksmere Court is move in ready for its next chapter.

Key facts

Property type
Detached, 2-Storey
MLS®
E14030622
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
36.2 × 118.02 ft
Cross streets
Pickering Pkwy/Brock Rd
Parking
2 garage · 6 parking (attached)
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,342 / 2026
Days on market
1
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

Bedroom 4Second3.06 × 2.73 m

hardwood floor · closet · window

RecreationBasement4.84 × 4.47 m

Vinyl Floor

Dining RoomMain3.89 × 3.06 m

hardwood floor · combined w/living · large window

Living RoomMain6.57 × 4.12 m

hardwood floor · combined w/dining · 3 pc ensuite

Primary BedroomSecond5.71 × 4.64 m

hardwood floor · double closet · 3 pc bath

KitchenBasement4.84 × 4.47 m

vinyl floor · combined w/laundry

OtherBasement3.82 × 3.24 m

vinyl floor · window · separate room

Bedroom 3Second3.82 × 3.37 m

hardwood floor · closet · window

Bedroom 2Second3.37 × 3.31 m

hardwood floor · closet · window

SittingMain6.57 × 4.12 m

hardwood floor · fireplace · w/o to deck

LaundryMain2.04 × 1.80 m

vinyl floor · separate room

KitchenMain4.74 × 3.31 m

tile floor · stainless steel appl · pot lights

OtherBasement3.75 × 3.07 m

vinyl floor · window · separate room

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.06Mautomated estimate, from recent sales

Listed at $899,900, about 15% below our estimate of $1.06M (homes like it typically land between $994K and $1.11M).

List price
$900KBelow our range$1.11MAbove our range

Total price vs nearby homes. Fair value about $1.06M, learned from recent GTA sales.

The market behind the math:

1days on market so far
$2,300/moest. rent · 5 leases
3.1%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $400/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Village East, so I widened the search to the surrounding area.

Based on 7 comparable homes that sold in Village East over the past two years, from 21 closings there.

What sellers nearby are askingCurrently listed nearby in Village East · asking prices
$1.38Mavg 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 $1.06M, which is where my estimate comes from.

Per square foot, these ask about $519/sqft; this home lists at $400/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
900kThis home789k900k1.98M750k2.50MThis 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

Village East, 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.

Brock Ridge
$1.06M
Liverpool
$1.08M
Bay Ridges
$814K
Dunbarton
$1.33M
Duffin Heights
$1.01M

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
$4,101/mo
$180KIncome needed
5.0×Price ÷ income
$946Weekly cost
$14,473Land 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 $4,101Property tax $612Total carry $4,713

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)
$3,981per month

Mortgage amount $719,920 · 4.49% over 25 years

$179,980Down payment (20.0%)
$719,920Loan before insurance
$0CMHC premium
$4,592Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,981
Property tax
$612
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,592

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

One-time closing costs

Ontario land transfer tax
$14,473
Estimated closing costs
$14,473

Plus your down payment of $179,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,818/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

$474,248Total interest paid
$1,194,168Total of all payments
Principal $719,920 Interest $474,248
YearPrincipalInterestBalance
1$16,066$31,701$703,854
2$16,795$30,972$687,059
3$17,558$30,209$669,502
4$18,355$29,412$651,147
5$19,188$28,579$631,959
6$20,059$27,707$611,900
7$20,970$26,797$590,930
8$21,922$25,845$569,007
9$22,918$24,849$546,090
10$23,958$23,809$522,132
11$25,046$22,721$497,086
12$26,183$21,584$470,903
13$27,372$20,395$443,531
14$28,615$19,152$414,916
15$29,914$17,853$385,002
16$31,272$16,495$353,730
17$32,692$15,075$321,038
18$34,176$13,590$286,861
19$35,728$12,039$251,133
20$37,350$10,416$213,783
21$39,046$8,721$174,737
22$40,819$6,948$133,918
23$42,672$5,094$91,245
24$44,610$3,157$46,635
25$46,635$1,131$0

At the end of your 5-year term

Total paid over the term
$238,834
Principal paid down
$87,961
Interest paid
$150,873
Balance remaining
$631,959

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 5 whole-home leases in Village East$2,300/mo
$27,600Gross annual rent
1.8%Cap rate after taxes and upkeep
$2,024 to $3,050Typical rent range

The suite is real income here: basements rent in Village East (5 of 13 recent detached leases were basement units, around $1,550 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,550 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 5 whole-home leases in Village East signed at a median of $1,800 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,300. 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.

3.1%
Gross yield
− Property tax $7,342− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,822

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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