$765,000 - 867 Chapleau Drive, Pickering
Detached for Sale in Pickering
New — Listed todayNeighbourhood: Bay Ridges
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- MLS Number
- E14107268
- Property Type
- Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Pickering
- Taxes (2026)
- $6,218
- Listing Brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Welcome to sought-after Bay Ridges! This updated 3+1 bedroom, 2-bathroom bungalow offers a fantastic opportunity for first-time home buyers, growing families, investors, or those looking to downsize without compromising on space or location. The bright and inviting main floor features a spacious living and dining area, along with an updated eat-in kitchen perfect for everyday living and entertaining. The finished basement adds exceptional versatility, offering three generously sized rooms with above-grade windows, a 4-piece bathroom, a separate workshop, and abundant storage space. With a separate side entrance, this home presents exciting potential for multigenerational living or income-generating possibilities. Outside, enjoy ample parking and a fully fenced backyard ready for your personal touch, whether you envision a garden retreat, outdoor entertaining space, or a place to relax and unwind. Enjoy the best of lakeside living! Ideally situated just steps to GO Transit, schools, parks, scenic trails, restaurants, grocery stores, and the beautiful Pickering waterfront, this home offers the perfect blend of comfort, convenience, and lifestyle. Whether you're entering the market, looking for more space, or ready to simplify your lifestyle, this versatile Bay Ridges bungalow is full of opportunity in a desirable Pickering neighbourhood. Make it yours and discover the possibilities! Electrical panel will be upgraded to a breaker panel by a licensed electrician at the Seller's expense prior to closing.
Estimate your monthly payments for this property
Estimated Payment
$3,924.85/mo
Includes CMHC insurance ($21,344)
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 Bay Ridges
Bay Ridges 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 Bay Ridges
- •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
Bay Ridges 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.
867 Chapleau Drive, Pickering
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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 $695/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.
Detached Home Advantages
Detached homes in Pickering 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Pickering. Good resale value as demand remains consistent.
About Bay Ridges
I know Bay Ridges 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 $3,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.