$999,000 - 237 Pickering Street, The Beaches
Semi-Detached for Sale in The Beaches
Popular ListingNeighbourhood: East End-Danforth
- MLS Number
- E13476584
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 7
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Exceptional investment opportunity in the heart of Toronto's highly sought-after Beaches neighbourhood! This two-storey semi-detached home offers three self-contained units, making it ideal for investors, multi-generational families, or owner-occupants seeking rental income.The second-floor suite features 3 spacious bedrooms, a large updated kitchen, and a full bathroom. The main-floor unit offers 3 spacious bedrooms, a kitchen, and a full bathroom walkout to front porch and is currently occupied by tenants. The separate basement apartment includes 1 bedroom, its own kitchen, and a full bathroom, providing additional income potential.Complete with a private garage and parking for 2 vehicles, this versatile property is located just minutes from the beach, parks, schools, transit, vibrant shops, cafés, and restaurants. A rare opportunity to own an income-generating property in one of Toronto's most desirable waterfront communities.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 East End-Danforth
East End-Danforth 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 East End-Danforth
- •Convenient location in The Beaches / Upper Beaches
- •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
East End-Danforth 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.
237 Pickering Street, The Beaches / Upper Beaches
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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 $500/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.
Detached Home Advantages
Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 The Beaches.
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 East End-Danforth
I know East End-Danforth 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: The Beaches 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.