5023 Franklin St

FOR SALE
$2,888,888
5023 Franklin St, Pickering
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
5023 Franklin St
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5 + 3
BEDROOMS
5
BATHROOMS
2
KITCHENS
12
ROOMS
E9512672
MLSID
Contact Us
Property Description
Discover unparalleled luxury in this custom-built North Pickering home, featuring 5+3 bedrooms, 5 bathrooms, a spacious 3-car garage, and a large backyard deck. Situated on premium land, the property also includes a fully self-contained guest house with rental income potential. Conveniently located near Highway 7, the 407, and Old Elm GO Station, this exceptional home provides easy access to parks, community centers, golf clubs, and other amenities.Inside, enjoy pot lights throughout, elegant stone slab and hardwood flooring, and a spacious open-concept design. The gourmet kitchen boasts a custom natural gas stove, granite countertops, and ample cabinetry.The basement offers 3 bedrooms, 2 bathrooms, high ceilings, a cold cellar, and oversized windows that fill the space with natural light.For peace of mind, the home is equipped with a Generac backup power system, ensuring reliable power 24/7.With luxurious touches like a custom front door, hardwood stairs, and a large backyard deck, this home is designed for elegance and style. The second-floor bedrooms feature private balconies and could be converted into a separate apartment. Additionally, with the easy addition of a separate entrance, the basement could become an independent rental unit.
Property Features
Golf, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
85' x 297'
Fronting
East
Taxes
$10,966 (2024)
Basement
Finished, Full
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
17
Driveway
Pvt Double
Garage Type
Built-In
Pickering Market Statistics
Pickering Price Trend
5023 Franklin St is a 5-bedroom 5-bathroom home listed for sale at $2,888,888, which is $987,222 (51.9%) higher than the average sold price of $1,901,666 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 5 bedroom home in Pickering increased by $1,174,666 (161.6%) compared to the previous 30 day period (September 23 - October 22) and up $461,666 (32.1%) from the same time one year ago.
Inventory Change
There were 8 5-bedroom homes listed in Pickering over the last 30 days (October 23 - November 21), which is down 11.1% compared with the previous 30 day period (September 23 - October 22) and down 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Pickering typically sold ($146,000) (7.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $273,000 decrease compared to the previous 30 day period (September 23 - October 22) and ($22,174) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Pickering over the last 30 days (October 23 - November 21) stood at 37.5%, up from 11.1% over the previous 30 days (September 23 - October 22) and down from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Pickering stood at 38 days when successfully sold over the last 30 days (October 23 - November 21), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Innovative Realty Inc.
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