1192 & 1200 Kingston Rd Road, Pickering, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Liverpool. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,798,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 200.15 x 257.44 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Rare land assembly opportunity in a rapidly evolving corridor of Pickering. 1192 & 1200 Kingston Rd must be sold together as one package, offering two adjoining parcels each measuring approximately 100 x 257 ft (slightly irregular), totalling ~1.02 acres combined. Both properties are being sold "as is, where is" with existing dwellings included. 1192 features a sidesplit, while 1200 offers a ranch-style bungalow. Both homes are currently livable but dated, with the primary value in the land. Located within the Kingston Road Intensification Corridor and subject to Official Plan Amendment (OPA 38) supporting higher-density and mixed-use redevelopment given its within an MTSA, this site represents a compelling opportunity for forward-looking buyers. Positioned in an area experiencing active redevelopment and intensification, and surrounded by ongoing and proposed development applications, the location offers strong momentum and long-term upside. Ideal for developers, builders, small contractors, or investors seeking land banking potential. Also well-suited for end-users or trades requiring ample outdoor space for equipment storage while planning future development. Strong potential for future redevelopment as per OPA 38 Kingston Road Corridor Intensification Plan. A unique opportunity to secure a sizeable footprint in a high-growth corridor poised for continued transformation. All showings must be arranged through the listing brokerage.
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Pricing & Value Insights
Data-driven valuation for 1192 & 1200 Kingston Rd Road, Pickering, ON L1V 1B4
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About Purchasing a Home in Pickering, ON
For a property listed at $2,798,800 in Pickering, the legal minimum down payment is $559,760 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $56,445 for this transaction. As this listing is in Pickering (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $56,445.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.