$539,900

For sale

#103 1555 Kingston Road, Pickering (Town Centre) - Single Family for Sale

#103 1555 Kingston Road, Pickering (Town Centre), Ontario, L1V0E9

2 beds3 baths1 parking1,100 ft²$418/mo condo feeListed 14 days ago

Overview

This 2-bedroom, 3-bathroom condo in Pickering is for sale offering roughly 1,100 sq ft of space. Listed at $539,900, it is attractively priced about 6% below the $575,000 median asking price in Pickering. It has been on the market 14 days, fresher than the Pickering average of 38 days.

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Description

Perfect for first-time buyers or downsizers, this modern townhouse by renowned Marshall Homes offers outstanding value on a premium corner lot overlooking a serene parkette and landscaped gardens. Featuring 2 bedrooms, 3 bathrooms, and a bright open-concept layout, the home is filled with natural sunlight through large windows and boasts 9-ft ceilings, pot lights, and a sleek kitchen with stainless steel appliances. Conveniently located beside underground parking and just steps to GO Transit, Hwy 401, The Shops at Pickering, grocery stores, gyms, rec centers, and Durham Live. With the upcoming Durham-Scarborough Bus Rapid Transit (Kingston Road BRT) and the future development of Pickering City Centre including arts, retail, and cultural spaces, this is a prime opportunity to invest and live in a connected, fast-growing community. (id:66096)

Property Details

MLS®: E14100912
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $418/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $4,292.69/yr
Listed: 14 days ago

Rooms

Main level

Living room: 4.36 x 5.46 meters
Kitchen: 2.41 x 2.72 meters
Dining room: 4.05 x 4.55 meters

Second level

Primary Bedroom: 5.83 x 3.65 meters
Bedroom 2: 270 x 2.93 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate, Carpeted
Exterior: Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Pickering (Town Centre) listings, avg age

38d

Price / ft²

$491

List price

$540K

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 2-bed single family in Pickering (Town Centre) has been listed for 14 days, which is 24 days fresher than the city average of 38. Act while there is still low competition.

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Listed by ROYAL HERITAGE REALTY LTD. · STEVEN JAMES KOUFIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1V)

This home lists at $539,900, about 4.6× the local median household income of $118,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$539,900· $491/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$358/mo

Condo fee$418/mo

Total monthly$3,608

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$7,273

Est. closing costs$4,120

Total cash needed$40,383

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