1988 Royal Road, Pickering, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Village East. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,999,999 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 51 x 185 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To This Brand New, Never-Lived! This Magnificent Custom Home Offers The Finest Finishes Throughout Over 6000 Sq Ft Of Finished Living Space Located In Pickering Village East. Oversized 4 Bedrooms With A Lifestyle Bedroom Size Closet. Gourmet Kitchen, Full Gas Range top, B/I Microwave and B/I Oven. High Ceilings Throughout. This Home is Designed For Entertaining, Huge Family Room with Gas Fireplace. Large Ensuite Baths. Potential Rental Income Finished Basement With Large Recreation Area, Optional Home Theatre Or Gym. Pool-Size Backyard Ideal For Outdoor Enjoyment & Future Landscaping Potential. Deep Lot Offers Space And Privacy Rarely Found In The Area..This Home Combines Contemporary Elegance With Unparalleled Functionality. A True One Of A Kind Exterior Design. The House Features The Herringbone Hardwood Flooring Throughout. The Fully Finished Walk-up Basement With Huge Recreational Room. There is lot of feature to list here and needs the visit to experience the attention to details and design.
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Pricing & Value Insights
Data-driven valuation for 1988 Royal Road, Pickering, ON L1V 1Y2
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About Purchasing a Home in Pickering, ON
For a property listed at $1,999,999 in Pickering, the legal minimum down payment is $400,000 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 $36,475 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 $36,475.
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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.