1665 Pickering Parkway Unit 815, Pickering

Price: $545,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12920842

Freshly painted!! Wake up to breathtaking sunrises from this rarely offered penthouse corner suite with unobstructed views. This bright, light-filled end unit offers exceptional privacy with no neighbour on one side and no one above. Spanning approximately 1,150 sq ft, this is a size you simply don't find in newer condos. The open-concept living and dining area features updated flooring and a modern kitchen with quartz countertops, perfect for both everyday living and entertaining. The spacious primary bedroom includes a private ensuite and a walk-in closet, while the sunlit solarium provides a versatile space ideal for a home office or reading retreat. Located in the meticulously maintained and highly sought-after Emerald Point, residents enjoy a full suite of amenities, including an indoor pool, jacuzzi, sauna, gym, squash court, library, party room with full kitchen, and guest suites. Situated in the heart of Pickering, you're just minutes to Pickering Town Centre, dining, medical and community hubs, and steps to everyday conveniences, including nearby pickleball courts. Commuters will appreciate quick access to Hwy 401 and the Lakeshore GO Train Station, only 30 minutes to downtown Toronto! The train runs every 30 min. from here. Maintenance fees include heat and water. Includes a spacious owned locker. Penthouse opportunities like this are rarely available--don't miss your chance.

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$545,000 - 1665 Pickering Parkway Unit 815, Pickering

Condo for Sale in Pickering

104 days on market

Neighbourhood: Village East

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12920842
Property Type
Condo
Status
active
Days on Site
104
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Pickering
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Freshly painted!! Wake up to breathtaking sunrises from this rarely offered penthouse corner suite with unobstructed views. This bright, light-filled end unit offers exceptional privacy with no neighbour on one side and no one above. Spanning approximately 1,150 sq ft, this is a size you simply don't find in newer condos. The open-concept living and dining area features updated flooring and a modern kitchen with quartz countertops, perfect for both everyday living and entertaining. The spacious primary bedroom includes a private ensuite and a walk-in closet, while the sunlit solarium provides a versatile space ideal for a home office or reading retreat. Located in the meticulously maintained and highly sought-after Emerald Point, residents enjoy a full suite of amenities, including an indoor pool, jacuzzi, sauna, gym, squash court, library, party room with full kitchen, and guest suites. Situated in the heart of Pickering, you're just minutes to Pickering Town Centre, dining, medical and community hubs, and steps to everyday conveniences, including nearby pickleball courts. Commuters will appreciate quick access to Hwy 401 and the Lakeshore GO Train Station, only 30 minutes to downtown Toronto! The train runs every 30 min. from here. Maintenance fees include heat and water. Includes a spacious owned locker. Penthouse opportunities like this are rarely available--don't miss your chance.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,796.13/mo

Includes CMHC insurance ($15,206)

$
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5%10%50%

5-yr fixed avg.

Principal: $490,500Interest: $333,134
Mortgage Amount$505,706
Total Interest$333,134
Est. Property Tax$386/mo
Total Cost$838,840

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: Village East

Discover Village East

Village East 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 Village East

  • 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

Village East 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

1665 Pickering Parkway Unit 815, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$386
Insurance (est.)-$114
Net Cash Flow+$1,610

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 $545/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.

Negotiation Opportunity

At 104 days on site, this property has exceeded the typical selling timeline for Pickering. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

About Village East

I know Village East 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 $2,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1665 Pickering Parkway Unit 815, Pickering | $545,000 | Battaglia Team