1530 Somergrove Crescent, Pickering

Price: $999,000

7 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: E13623168

Welcome to this exceptional all-brick detached home situated on a premium corner lot in one ofPickering's most desirable family-friendly neighbourhoods. Extensively renovated with over$200,000 invested in quality upgrades, this move-in-ready home offers the perfect combinationof luxury, functionality, and income potential. The main home features 4 spacious bedrooms and3 bathrooms above grade, a bright open-concept living and dining area, a beautifully renovatedkitchen overlooking the cozy family room with fireplace, main floor laundry, and direct accessto the double-car garage. A standout feature is the fully legal 2-bedroom Additional Dwelling Unit with a separateentrance and separate laundry, providing an excellent opportunity for rental income. Thebasement also includes a separate private office or den, ideal for working from home orcreating additional personal space. Recent upgrades include newer windows (2024), roof and gutters (2023), garage door (2025),professionally completed interlocking (2024) , renovated kitchen, flooring and bathrooms (2020),fencing, smart home switches, security cameras, and an EV charger connection in the garage.Enjoy exceptional outdoor living with finished interlocking, a retaining wall, fire pit, maturefruit-bearing trees, and plenty of space for entertaining family and friends. Ideally located close to excellent public and French immersion schools, parks, shopping,transit, major highways, and places of worship, this exceptional turnkey property offers modernliving, outstanding versatility, and incredible value for families and investors alike.

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New Listing
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$999,000 - 1530 Somergrove Crescent, Pickering

Multi-Family for Sale in Pickering

New — Listed 4 days ago

Neighbourhood: Brock Ridge

7Beds
4Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
E13623168
Property Type
Multi-Family
Status
active
Days on Site
4
Bedrooms
7
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Pickering
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

Welcome to this exceptional all-brick detached home situated on a premium corner lot in one ofPickering's most desirable family-friendly neighbourhoods. Extensively renovated with over$200,000 invested in quality upgrades, this move-in-ready home offers the perfect combinationof luxury, functionality, and income potential. The main home features 4 spacious bedrooms and3 bathrooms above grade, a bright open-concept living and dining area, a beautifully renovatedkitchen overlooking the cozy family room with fireplace, main floor laundry, and direct accessto the double-car garage. A standout feature is the fully legal 2-bedroom Additional Dwelling Unit with a separateentrance and separate laundry, providing an excellent opportunity for rental income. Thebasement also includes a separate private office or den, ideal for working from home orcreating additional personal space. Recent upgrades include newer windows (2024), roof and gutters (2023), garage door (2025),professionally completed interlocking (2024) , renovated kitchen, flooring and bathrooms (2020),fencing, smart home switches, security cameras, and an EV charger connection in the garage.Enjoy exceptional outdoor living with finished interlocking, a retaining wall, fire pit, maturefruit-bearing trees, and plenty of space for entertaining family and friends. Ideally located close to excellent public and French immersion schools, parks, shopping,transit, major highways, and places of worship, this exceptional turnkey property offers modernliving, outstanding versatility, and incredible value for families and investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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: Brock Ridge

Discover Brock Ridge

Brock Ridge 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 Brock Ridge

  • 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

Brock Ridge 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

1530 Somergrove Crescent, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,400/mo
Range: $3,740 - $5,060
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,400
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$3,484

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 $666/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.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Pickering.

Bathroom Count Matters

With 4 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 Brock Ridge

I know Brock Ridge 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1530 Somergrove Crescent, Pickering | $999,000 | Battaglia Team