$857,000

For sale

361 Strouds Lane, Pickering (Highbush) - Single Family for Sale

361 Strouds Lane, Pickering (Highbush), Ontario, L1V7J2

5 beds4 baths3 parking1,750 ft²25 × 108 ft (2,682 sq ft) lot sizeListed 8 days ago

Overview

This 5-bedroom, 4-bathroom home in Pickering is for sale offering roughly 1,750 sq ft of space. Listed at $857,000, it is attractively priced about 29% below the $1,199,000 median asking price in Pickering. It has been on the market 8 days, fresher than the Pickering average of 40 days.

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Description

Discover Refined Living In This Elegant Brick And Stone Semi-Detached Home By North Star Homes, Situated In Pickering's Desirable Highbush Community. Freshly Painted, This Home Offers 3+1 Bedrooms And 4 Bathrooms, With 9-Foot Ceilings, Hardwood Flooring Throughout, A Double-Door Entrance, And A Hardwood Staircase Accented By Metal Pickets. The Open-Concept Design Creates An Inviting Setting For Everyday Living And Entertaining, Complemented By A Generously Sized Kitchen With Granite Countertops And An Extra-Deep Chef's Sink. The Second-Floor Family Room Opens Onto A Balcony And Offers The Potential For Conversion Into An Additional Bedroom. The Finished Basement Includes One Bedroom, A Kitchen, And A Full Bathroom, Providing Additional Living Space For Extended Family. Conveniently Located Near Schools, Parks, Shopping, Public Transit, And Altona Forest Trails, With Easy Access To Highway 401. An Excellent Opportunity For First-Time Buyers And Growing Families! (id:66096)

Property Details

MLS®: E14118942
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 25 × 108 ft (2,682 sq ft)
Frontage: 24 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Washer, Dishwasher, Dryer, Two stoves, Two Refrigerators
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Pickering (Highbush) listings, avg age

40d

Price / ft²

$490

List price

$857K

Homes here sell faster than most markets

Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Pickering (Highbush) has been listed for 8 days, which is 32 days fresher than the city average of 40. Act while there is still low competition.

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Listed by HOMELIFE/FUTURE REALTY INC. · THAVE PARAMESWARAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1V)

This home lists at $857,000, about 7.3× the local median household income of $118,000.

Carrying it typically needs a household income of about $167,402 (20% down, 25-yr amortization, stress-tested) — roughly 42% above the area median.

Median household income: $118,000
Population: 52,787
Median age: 42
Owner / renter: 86% / 14%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L1V)

$857,000· $490/ft²

For sale

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Full Cost Breakdown

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Down Payment7.08% · $60,700.00

Min 7.08%50%

Mortgage payment$4,415/mo

↳ CMHC premium ($31,852 capitalized)

Property tax (est.)$523/mo

Total monthly$4,937

Cash Needed to Close

Down payment (7.08%)$60,700

Land transfer tax$13,615

Est. closing costs$5,071

Total cash needed$79,386

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