Homula Realty Brokerage
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325 Sheppard Avenue, Pickering, ON L1V 1E6

Vacant Land
$749,900
Property tax
$9,275 / year

Your dream home starts here. This exceptional 50 x 200 ft ravine setting lot presents a rare and exciting opportunity to build a custom luxury residence in one of Pickering's most sought-after and rapidly growing communities.With 10,000 square feet of prime land, the possibilities are truly limitless. Design and build the custom home you have always envisioned. From a grand two-storey family estate to a sleek modern masterpiece, this generous lot provides ample space for outstanding curb appeal, beautiful landscaping, and the backyard of your dreams. Perfectly positioned in an established and desirable neighbourhood, this lot offers incredible convenience with immediate access to Highway 401, Pickering GO Station, top-rated schools, Pickering Town Centre, and the stunning Lake Ontario waterfront. Toronto is within effortless commuting distance, making this the ideal location for families and professionals alike. Lots of this size and in this location are increasingly rare & land opportunities like this simply do not come to market often. Buy the land. Build the dream. Live the life.

MLS number
E13530438
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L1V 1E6
Photos
1
Laundry
Not in the unit
67days · 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 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 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
Elizabeth B Phin Public School
Durham DSB
Elementary263 m8.2 / 10
82% met the standard
St Monica Catholic School
Durham CDSB
Elementary252 m7.4 / 10
74% met the standard
St Elizabeth Seton Catholic School
Durham CDSB
Elementary1.0 km8.1 / 10
81% met the standard
Westcreek Public School
Durham DSB
Elementary886 m7.1 / 10
71% met the standard
Altona Forest Public School
Durham DSB
Elementary1.1 km7.1 / 10
71% met the standard
Montessori Learning CentreElementary1.1 kmNot reported
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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 754 people.

$88,000Median household income
60.4%Own their home
58.5%Detached houses
43.2Median age
33.1%Born outside Canada
26.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35180497 — the few blocks around this address, home to 754 people. It describes the area, not this property.

754Population
41.7Average age
2.8Household size
$198,000Average household income
$88,000Median household income
60%Own their home
40%Rent
0%Condominiums
33%Born outside Canada
26%University degree
$1,420,000Average home value
15%Low income
95%Not in the labour force
37%Never married
$10,000 to $14,9993%
$15,000 to $19,9993%
$20,000 to $24,9994%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over32%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over17%

Percentages are of the 380 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.

$149,980 · minimum here is $49,990
$3,320.39per month
Borrowed before insurance$599,920
Total borrowed$599,920
Interest over 25 years at 4.5%$396,198

If you rented it out

-$4,093.31per month out of pocket
Rent$0.00
Everything it costs to hold$4,093.31
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 WE REALTY. Listing data provided by the Toronto Regional Real Estate Board.