Condos for Sale in Pickering
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Pickering this band: $475K · 18 active · avg 26 days on market.
18 active · median $475K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Pickering Under $500K
18 active · median $475K
Median List Price
$475K
Active Listings
18
Avg Days on Market
26 days
YoY Change
-9.1%
6-Month Median Price Trend
Dec
$461K
Jan
$469K
Feb
$488K
Mar
$486K
Apr
$477K
May
$476K
What is the average condo price in Pickering in 2026?
The benchmark price for a condo in Pickering in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 18 active listings, moving in an average of 26 days on market. Prices are down 9.1% year-over-year.
Is Pickering a buyer's or seller's market right now?
Pickering is currently a balanced market for condos in this band. Inventory is turning over in 26 days with prices down 9.1% year-over-year. Neither side has decisive leverage right now.
Families helped in Pickering
40+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Rolled three high-interest credit cards into the mortgage. Cash flow up $640/month. Done in 3 weeks.”
What $475K gets you in Pickering.
Condos in Pickering priced under $500k are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $475K — down 9.1% year-over-year. Active inventory is moving in roughly 26 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$499K
$509K
$449K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Pickering.
Keep exploring Pickering.
Other property types
Pickering Condo FAQ
What is the median price for condos in Pickering under $500k?
As of 2026-05-01, the median list price for condos in Pickering priced under $500k sits at approximately $475K based on active MLS inventory.
How many condos are currently for sale in Pickering in this price range?
There are roughly 18 active condos for sale in Pickering priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Pickering?
Condos in Pickering priced under $500k are averaging 26 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Pickering condo prices going up or down?
Year-over-year median condo prices in Pickering (this band) are down 9.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Pickering?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 18 active, median $475K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Pickering advisor within 1 business hour.
Condos in Pickering Under $500K
Median $475K · 18 active · 3.95% 5-yr fixed
Get pre-approved for a $380K mortgage.
Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.