1148 Dragonfly Avenue Unit 511, Pickering

Price: $619,000

3 bedrooms, 3 bathrooms

800 sqft

Property Type: Condo

MLS#: E13575966

Welcome to this bright and beautifully maintained stacked townhouse in desirable Pickering. Offering approximately 1,190 sq. ft. of finished living space (859 sq. ft. above grade plus 333sq. ft. lower level as per MPAC), this home delivers comfort, functionality, and modern style. The open-concept main level features 9-foot ceilings, laminate flooring throughout, and a contemporary kitchen with granite counters overlooking the living and dining area. Walk out to your private terrace, ideal for relaxing or entertaining. The main level includes a spacious primary bedroom with a 3-piece ensuite, a second bedroom, and an additional 4-piece bathroom. The finished lower level offers a third bedroom with its own 3-piece ensuite, providing excellent privacy for guests, extended family, or a home office setup. Includes attached garage with inside entry plus driveway parking (2 total spaces). Low maintenance fees of $382.13/month cover common elements and building insurance. Conveniently located near Taunton Rd & Burkholder Dr, close to schools, parks, shopping, transit, and major highways. Perfect for families, first-time buyers, or investors seeking a turnkey opportunity in a growing community.(Listing Photos Are Illustrated With Virtual Staging).

1148 Dragonfly Avenue Unit 511 - Condo photo 1 of 25 in Pickering, Ontario
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$619,000 - 1148 Dragonfly Avenue Unit 511, Pickering

Condo for Sale in Pickering

37 days on market

Neighbourhood: Rural Pickering

3Beds
3Baths
800Sq Ft
Condo
Property Details
MLS Number
E13575966
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
3
Square Feet
800 sqft
Neighbourhood
Pickering
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX COMMUNITY REALTY INC.
Description

Welcome to this bright and beautifully maintained stacked townhouse in desirable Pickering. Offering approximately 1,190 sq. ft. of finished living space (859 sq. ft. above grade plus 333sq. ft. lower level as per MPAC), this home delivers comfort, functionality, and modern style. The open-concept main level features 9-foot ceilings, laminate flooring throughout, and a contemporary kitchen with granite counters overlooking the living and dining area. Walk out to your private terrace, ideal for relaxing or entertaining. The main level includes a spacious primary bedroom with a 3-piece ensuite, a second bedroom, and an additional 4-piece bathroom. The finished lower level offers a third bedroom with its own 3-piece ensuite, providing excellent privacy for guests, extended family, or a home office setup. Includes attached garage with inside entry plus driveway parking (2 total spaces). Low maintenance fees of $382.13/month cover common elements and building insurance. Conveniently located near Taunton Rd & Burkholder Dr, close to schools, parks, shopping, transit, and major highways. Perfect for families, first-time buyers, or investors seeking a turnkey opportunity in a growing community.(Listing Photos Are Illustrated With Virtual Staging).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,175.79/mo

Includes CMHC insurance ($17,270)

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5-yr fixed avg.

Principal: $557,100Interest: $378,367
Mortgage Amount$574,370
Total Interest$378,367
Est. Property Tax$438/mo
Total Cost$952,737

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Rural Pickering

Discover Rural Pickering

Rural Pickering is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Rural Pickering

  • Convenient location in Pickering
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Rural Pickering offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1148 Dragonfly Avenue Unit 511, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,513

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $774/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1148 Dragonfly Avenue Unit 511, Pickering | $619,000 | Battaglia Team