$869,000

For sale

507 Alder Court, Pickering (Amberlea) - Single Family for Sale

507 Alder Court, Pickering (Amberlea), Ontario, L1V4T2

5 beds3 baths3 parking1,750 ft²31 × 120 ft (3,747 sq ft) lot sizeListed 14 days ago

Overview

This 5-bedroom, 3-bathroom home in Pickering is for sale offering roughly 1,750 sq ft of space. Listed at $869,000, it is attractively priced about 20% below the $1,089,900 median asking price in Pickering. It has been on the market 14 days, fresher than the Pickering average of 33 days.

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Description

Welcome to 507 Alder Court, a 3+1 bedroom, 3-bathroom detached home on a quiet court in Amberlea, with a bathroom on every level.The showpiece is the fully renovated 2022 kitchen. Navy cabinetry with crown moulding is set against quartz counters and a marble mosaic backsplash. A waterfall peninsula with breakfast-bar seating anchors the room, and under-cabinet and pot lighting finish it off. Stainless steel appliances feature a double-oven range and a built-in microwave drawer. Just off the kitchen, a den works as a home office or large walk-in pantry. French doors lead from the dining area to a 19' x 19' family room with a fireplace and walkouts to the backyard and side yard. The main floor also has hardwood, a powder room and inside garage entry. Upstairs are three bedrooms and a semi-ensuite 4-piece bath. The finished basement is a true second living space, with a bedroom, a 3-piece bath and a 19' x 19' rec room with new carpet (2025). Outside are a widened driveway and a shed on a concrete pad in the backyard. The roof and eavestroughs were replaced in 2021, and an app-controlled, monitored backup generator was added in November 2024 for peace of mind during outages. Daily errands are easy: Amberlea Shopping Centre (Metro, Rexall, TD Bank, Dollarama, Pizza Pizza, a nail salon and restaurants) is 450 m away, about a 7-minute walk. Schools, parks and transit are nearby, and Highway 401 is minutes away. (id:66096)

Property Details

MLS®: E14100460
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 31 × 120 ft (3,747 sq ft)
Frontage: 31 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

Rooms

Ground level

Foyer: 2.47 x 3.53 meters
Kitchen: 3.3 x 3.89 meters
Dining room: 3.3 x 2.62 meters
Den: 2.46 x 3.25 meters
Family room: 5.87 x 5.87 meters
Partial bathroom: 1.58 x 0.86 meters

Basement

Bedroom 4: 2.95 x 3.53 meters
Recreational, Games room: 5.87 x 5.87 meters
Laundry room: 3.1 x 3.4 meters

Second level

Features

Appliances: Washer, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s), Two Refrigerators
Flooring: Tile, Hardwood
Foundation: Concrete, Brick
Exterior: Brick
Lot Features: Cul-de-sac

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Pickering (Amberlea) listings, avg age

33d

Price / ft²

$497

List price

$869K

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 (Amberlea) has been listed for 14 days, which is 19 days fresher than the city average of 33. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · JACLYN APPUGLIESI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1V)

This home lists at $869,000, about 7.4× the local median household income of $118,000.

Carrying it typically needs a household income of about $169,746 (20% down, 25-yr amortization, stress-tested) — roughly 44% 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)

$869,000· $497/ft²

For sale

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Full Cost Breakdown

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Down Payment7.12% · $61,900.00

Min 7.12%50%

Mortgage payment$4,475/mo

↳ CMHC premium ($32,284 capitalized)

Property tax (est.)$540/mo

Total monthly$5,015

Cash Needed to Close

Down payment (7.12%)$61,900

Land transfer tax$13,855

Est. closing costs$5,107

Total cash needed$80,862

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