PRIME 6.58-Acre strategic land holding in pickering! Exceptional opportunity positioned directly in the path of rapid urban expansion. This massive land parcel features fantastic frontage on Highway 7 with quick access to Highway 407. Currently offering a 1-story detached bungalow built in 1950-ideal for generating steady holding/rental income while you hold the land. Strategic future development upside in a prime Durham Region growth corridor. Sold strictly "as-is". Buyer to verify all future land-use potential, utilities, and development timelines directly with the City of Pickering.
1 bedroom, 1 bathroom, about 1,100 sq ft, works out to roughly $2,545 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3315 Hwy 7 Hwy
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
20 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
20
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
3315 Hwy 7 Hwy Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13673826$2,800,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3315 Hwy 7 Hwy Compares to the Pickering Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$13,756
/mo
based on the purchase price of $2,800,000
$560,000 cash
$2,240,000 financed
$1,886,668 total interest
Principal54%$2,240,000
Interest46%$1,886,668
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Pickering
Other 4–6 bed homes for sale in Pickering around $2.8M.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio99.1%On average, homes sold below asking.
Active listings465Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 502 sales from Jul 25 – Oct 23, 2026 (376 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3315 Hwy 7 Hwy
How much is 3315 Hwy 7 Hwy listed for?
3315 Hwy 7 Hwy is listed at $2,800,000 (MLS® E13673826). Summitly updates the price as soon as the MLS® record changes.
Is $2,800,000 a good price for 3315 Hwy 7 Hwy?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Pickering. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3315 Hwy 7 Hwy changed?
No — 3315 Hwy 7 Hwy is still listed at its original asking price of $2,800,000.
How many bedrooms and bathrooms does 3315 Hwy 7 Hwy have?
3315 Hwy 7 Hwy has 1 bedroom and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Pickering.
How much would the monthly mortgage be on 3315 Hwy 7 Hwy?
About $13,756 a month — principal and interest on $2,800,000 with 20% down ($560,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3315 Hwy 7 Hwy compare with other homes in Pickering?
Its asking price of $2,800,000 is about 227% above the median sold price in Pickering over the last 90 days, $855,000, across 502 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3315 Hwy 7 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 3315 Hwy 7 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3315 Hwy 7 Hwy?
3315 Hwy 7 Hwy is in Pickering, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3315 Hwy 7 Hwy been on the market?
71 days — 3315 Hwy 7 Hwy was listed on August 13, 2026.
What is the price per square foot of 3315 Hwy 7 Hwy?
About $1,867 to $2,545 per square foot: the asking price of $2,800,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 3315 Hwy 7 Hwy have parking or a garage?
Yes — the listing gives 20 parking spaces.
Does 3315 Hwy 7 Hwy have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
