$350,000

For saleJust listed

#407 1625 Pickering Parkway, Pickering (Village East) - Single Family for Sale

#407 1625 Pickering Parkway, Pickering (Village East), Ontario, L1V6Z6

2 beds1 bath1 parking650 ft²$554/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Pickering is for sale offering roughly 650 sq ft of space. It has been on the market 0 days, fresher than the Pickering average of 49 days.

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Description

Welcome to 1625 Pickering Parkway, Unit 407! This well-maintained 1+1 bedroom condo offers a functional open-concept layout with laminate flooring throughout the principal living areas. The modern kitchen features quartz countertops and overlooks the living room, creating a bright and inviting space for everyday living and entertaining. The spacious primary bedroom offers his-and-hers closets, while the versatile den with a window is ideal for a home office, study area, or additional living space. Enjoy the convenience of ensuite laundry, central air conditioning, and one owned parking space. Maintenance fees include heat, hydro, water, central air conditioning, parking, building insurance, and common elements, making for convenient and worry-free living. Ideally located in Pickering's Village East community, close to parks, shopping, transit, and major commuter routes. A fantastic opportunity for first-time buyers, downsizers, or investors! (id:66096)

Property Details

MLS®: E14151852
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $554/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,641/yr
Listed: Today

Rooms

Main level

Living room: 5.55 x 3.75 meters
Kitchen: 2.3 x 2.3 meters
Primary Bedroom: 4.1 x 3.15 meters
Den: 2.35 x 2.25 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
Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Pickering (Village East) listings, avg age

49d

Price / ft²

$539

List price

$350K

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 98.6 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 (Village East) has been listed for 0 days, which is 49 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX OPTIMUM REALTY · PARVEEN ARORA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1V)

This home lists at $350,000, about 3.0× the local median household income of $118,000.

Carrying it typically needs a household income of about $68,367 (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)

$350,000· $539/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,500

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,300 capitalized)

Property tax (est.)$220/mo

Condo fee$554/mo

Total monthly$2,617

Cash Needed to Close

Down payment (5%)$17,500

Land transfer tax$3,725

Est. closing costs$3,550

Total cash needed$24,775

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