2511 Florentine Place, Pickering, ON

Rural Pickering, Pickering · MLS® E14084484

$1,489,000
For Sale
Just listed todayNo offer date stated
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5+3Bedrooms
6Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Welcome to this sophisticated and meticulously maintained five year old detached home backing onto ravine on a 44 ft wide lot.
  • The gracefully flowing main floor features an inviting open concept layout that moves seamlessly through a refined library/office, spacious living and dining areas...
  • Main floor laundry adds practical luxury, while a soaring observatory with floor to ceiling windows creates a stunning connection between the kitchen and family room.
  • A true architectural gem overlooking the ravine.
  • A private owner's retreat with dedicated entrance opens to manicured grounds, while a two bedroom rental unit with its own kitchen, three piece bath, and laundry is...

Welcome to this sophisticated and meticulously maintained five year old detached home backing onto ravine on a 44 ft wide lot. This home offers over 3,300 square feet of above grade living space in a centrally located neighbourhood with convenient proximity to both the 401 and 407. The gracefully flowing main floor features an inviting open concept layout that moves seamlessly through a refined library/office, spacious living and dining areas, and a radiant family room with fireplace showcasing breathtaking ravine views. The elegantly appointed kitchen blends form and function with custom cabinetry ascending to the ceiling in a striking two toned design, a 36 inch gas range, and a generously proportioned island perfect for casual gatherings. Premium pull out pantries, integrated recycling and garbage systems, and a sophisticated sink elevate the cooking experience. Main floor laundry adds practical luxury, while a soaring observatory with floor to ceiling windows creates a stunning connection between the kitchen and family room. A true architectural gem overlooking the ravine. Upstairs, five generously appointed bedrooms each with its own ensuite and gleaming hardwood floors throughout create a haven of comfort. The luxurious primary suite features a spa inspired five piece ensuite and walk in closet. Every closet is equipped with sensor lighting. This home is elegantly carpet free. The finished walkout basement provides exceptional flexibility and income potential. A private owner's retreat with dedicated entrance opens to manicured grounds, while a two bedroom rental unit with its own kitchen, three piece bath, and laundry is currently tenanted. The tenant will vacate upon closing. The thoughtfully landscaped exterior features ambient pot lighting, landscaped stairs to the basement entrance, and a double car garage with automatic openers. Good schools, parks, and shopping are nearby, a premier choice for the perfect blend of accessibility and tranquility.

Key facts

Property type
Detached, 2-Storey
MLS®
E14084484
Bedrooms
5+3 (8 total)
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
44.2 × 108.87 ft
Cross streets
Taunton Rd and Sapphire Dr
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Apartment, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,220 / 2026
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Primary BedroomSecond4.14 × 5.49 m

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

RecreationBasement

3 pc ensuite · vinyl floor · w/o to yard

KitchenGround4.08 × 3.23 m

hardwood floor · quartz counter · stainless steel appl

Bedroom 5Second3.57 × 4.05 m

hardwood floor · closet · window

BedroomBasement

Vinyl Floor

Living RoomGround4.08 × 5.79 m

hardwood floor · large window

BedroomBasement

vinyl floor · closet

KitchenBasement

stainless steel appl · combined w/living

Bedroom 3Second3.66 × 3.05 m

hardwood floor · 4 pc ensuite · closet

BreakfastGround4.08 × 3.35 m

hardwood floor · combined w/kitchen · w/o to deck

Bedroom 2Second5.06 × 3.35 m

hardwood floor · 4 pc ensuite · closet

Living RoomBasement

vinyl floor · combined w/kitchen · w/o to yard

LibraryGround3.05 × 3.05 m

hardwood floor · window

Bedroom 4Second4.24 × 3.32 m

hardwood floor · closet · window

Dining RoomGround4.08 × 5.79 m

hardwood floor · combined w/living

Family RoomGround4.18 × 5.43 m

hardwood floor · fireplace · overlooks ravine

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.44Mlikely sale price

Listed at $1,489,000. 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 $1.44M, if it sells. A realistic range is $1.35M to $1.63M.

Independent value check: $1.38M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.29M and $1.45M).

Why $1.38M. 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 tax bill, which follows the city's own assessment, is $11,220 a year; the typical home sold here pays about $8,300.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it slightly5+3 bedrooms and 6 baths, against 4+1 and 3 typically.
List price
$1.35MBelow recent closings$1.63MAbove recent closings

Total price vs nearby homes. Likely closing about $1.44M, 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
$4,709/moest. rent · 143 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.4 months of inventory: 6 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 $458/sqft against an area asking average of $899/sqft.

  • Walk-out basement apartment features. A finished 3 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Rural Pickering: 31 of the 300 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Pickering.
  • 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 $1.34M. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($458/sqft) is below the area, so you are paying for extra space rather than a premium.

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

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
$2.71Mavg 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 $1.38M, which is where my estimate comes from.

Per square foot, these ask about $752/sqft; this home lists at $458/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.49MThis home1.30M1.35M5.50MThis 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
Amberlea
$1.02M
Dunbarton
$1.33M

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
$6,786/mo
$293KIncome needed
5.1×Price ÷ income
$1,566Weekly cost
$26,255Land 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.

88%mortgage
Mortgage $6,786Property tax $935Total carry $7,721

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)
$6,586per month

Mortgage amount $1,191,200 · 4.49% over 25 years

$297,800Down payment (20.0%)
$1,191,200Loan before insurance
$0CMHC premium
$7,521Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,586
Property tax
$935
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,521

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

One-time closing costs

Ontario land transfer tax
$26,255
Estimated closing costs
$26,255

Plus your down payment of $297,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,972/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

$784,705Total interest paid
$1,975,905Total of all payments
Principal $1,191,200 Interest $784,705
YearPrincipalInterestBalance
1$26,583$52,454$1,164,617
2$27,789$51,247$1,136,828
3$29,051$49,985$1,107,777
4$30,370$48,666$1,077,407
5$31,749$47,287$1,045,657
6$33,191$45,845$1,012,467
7$34,698$44,338$977,769
8$36,273$42,763$941,496
9$37,920$41,116$903,576
10$39,642$39,394$863,934
11$41,442$37,594$822,492
12$43,323$35,713$779,169
13$45,290$33,746$733,878
14$47,347$31,689$686,532
15$49,496$29,540$637,035
16$51,744$27,292$585,291
17$54,093$24,943$531,198
18$56,549$22,487$474,649
19$59,117$19,919$415,532
20$61,801$17,235$353,731
21$64,607$14,429$289,124
22$67,540$11,496$221,584
23$70,607$8,429$150,977
24$73,813$5,223$77,164
25$77,164$1,872$0

At the end of your 5-year term

Total paid over the term
$395,181
Principal paid down
$145,543
Interest paid
$249,638
Balance remaining
$1,045,657

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 143 whole-home leases in Rural Pickering$4,709/mo
$56,508Gross annual rent
2.5%Cap rate after taxes and upkeep
$4,474 to $4,945Typical 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 143 whole-home leases in Rural Pickering signed at a median of $3,578 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,709. 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.

3.8%
Gross yield
− Property tax $11,220− Insurance $1,400− Vacancy & upkeep $6,216Net operating income $37,672

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

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