$798,800 - 1168 Drawstring Lane, Pickering
New Construction for Sale in Pickering
New — Listed 5 days agoNeighbourhood: Rural Pickering
- MLS Number
- E13496722
- Property Type
- New Construction
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Pickering
- Listing Brokerage
- ROYAL LEPAGE IGNITE REALTY
Beautiful Freehold End-Unit Townhome in Pickering! Welcome to this stunning, freshly painted end-unit townhome offering modern finishes and a functional, carpet-free layout. The upgraded kitchen features granite countertops, a stylish backsplash, and stainless steel appliances, perfect for everyday living and entertaining. Enjoy a bright open-concept living and dining area with hardwood flooring throughout the main floor and second-floor hallway, complemented by an elegant oak-stained staircase. This home offers 3 generous bedrooms and 3 bathrooms, including a primary suite with a walk-in closet and a 4-piece ensuite. Convenience meets comfort with second-floor laundry. No sidewalk. Ideally located close to top-rated schools, shopping, and easy access to Highways 412, 401, and 407, perfect for families or investors.
Estimate your monthly payments for this property
Estimated Payment
$4,098.26/mo
Includes CMHC insurance ($22,287)
5-yr fixed avg.
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.
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
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.
1168 Drawstring Lane, Pickering
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $533/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Pickering's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
About Rural Pickering
I know Rural Pickering well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Pickering properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,328 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.