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5023 Franklin Street, Pickering, ON L1Y 1B4

5+3 beds · 5 baths · 2 kitchens · 12 rooms · 18 parking spaces · 2500-3000 sq ft · Laundry on the main level level · Detached
$2,640,000
Property tax
$10,966 / year

Welcome To 5023 Franklin St, An Extraordinary Custom-Built Bungaloft Estate Nestled In The Prestigious Hamlet Of Claremont, Where Refined Luxury Meets Exceptional Multi-Generational Living. Thoughtfully Designed With Timeless Elegance And Unparalleled Functionality, This One-Of-A-Kind Residence Offers 8 Bedrooms, 5 Bathrooms, Multiple Private Living Quarters, And A Separate Coach House. A Rare Opportunity For Extended Families, Luxury Retreat Living, Or Potential Income Generation. Soaring Ceilings, Oversized Windows, And Designer Finishes Create An Airy, Sophisticated Atmosphere Throughout, While The Stunning Chef's Kitchen Serves As The Heart Of The Home Featuring Premium Appliances, Custom Cabinetry, And An Expansive Centre Island Curated For Elevated Entertaining. The Main Floor Primary Retreat Offers A Private Sanctuary Complete With A Spa-Inspired Ensuite And French Doors Leading To A Serene Backyard Escape. The Upper Level Functions As Its Own Luxurious Private Residence With A Separate Kitchen, Living Area, Fireplace, Bedrooms, Bath, And Walkout To A Secluded Deck. The Fully Finished Lower Level Continues To Impress With High Ceilings, Large Above-Grade Windows, Additional Bedrooms, Bathrooms, And Generous Recreation Space Ideal For Guests Or Extended Family. Situated On A Private Oversized Lot With Ample Parking, A 3-Car Garage, And A Generac Backup Power System Ensuring Reliable Power And Peace Of Mind Year-Round. Surrounded By The Natural Beauty And Charm Of Claremont, Enjoy Close Proximity To Scenic Trails, Conservation Areas, Golf Courses, Equestrian Facilities, Claremont Memorial Park, Community Centre, Local Dining, Top-Rated Schools, And Convenient Access To Pickering, Markham, Uxbridge, Major Highways, And Urban Amenities. A Rare Offering That Seamlessly Blends Estate Living, Architectural Craftsmanship, And Endless Lifestyle Possibilities.

MLS number
E13418042
Type
Detached
Status
Active
Bedrooms
8
Bathrooms
5
Postal code
L1Y 1B4
Photos
49
Laundry
Main Level level
97days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Claremont Public School
Durham DSB
Elementary649 m7.5 / 10
75% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Rural Pickering — 234 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$988k$1.83M$2.67M20252026this home’s asking price
$1.17Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%99%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d20d41d20252026
27dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in rural pickering. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 441 people.

$135,000Median household income
90.9%Own their home
93.8%Detached houses
48Median age
6.5%Born outside Canada
24.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35180881 — the few blocks around this address, home to 441 people. It describes the area, not this property.

441Population
44.3Average age
2.8Household size
$166,000Average household income
$135,000Median household income
91%Own their home
9%Rent
0%Condominiums
7%Born outside Canada
24%University degree
$1,140,000Average home value
5%Low income
39%Not in the labour force
24%Never married
$30,000 to $34,9992%
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over45%
$100,000 to $124,9996%
$125,000 to $149,9998%
$150,000 to $199,99912%
$200,000 and over16%

Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$528,000 · minimum here is $528,000
$11,689.35per month
Borrowed before insurance$2,112,000
Total borrowed$2,112,000
Interest over 25 years at 4.5%$1,394,805

If you rented it out

-$12,603.18per month out of pocket
Rent$0.00
Everything it costs to hold$12,603.18
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REALTRON REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.