Personally, I would not buy this pump. Products from Northern Tools are not known for their longevity, but they sure are cheap. You get what you pay for, as they say. A pump will drive your whole system and has to be running 24/7. If it dies, you have a problem on your hands because that means your water quality will disintegrate, the good bacteria you've built up in your filtration will die, and your fish can die within several hours.
Also, I took the liberty of calling the 800# for you since I noticed that the wattage was not listed on the product description. I was told it was 303 watts. That is nearly double the electricity use of a good external filter. So, it may be cheap to buy upfront, but you'll be paying nearly twice to run it each month. I have a Sequence 750 external pump that moves 4,200 gals per hour. It uses only 180 watts. By comparison, that Northern Tools pump moves only 720 GPH and uses 303. BIG difference. Also, you have not yet confirmed the gallonage in your pond, so I don't know if 720 gph is enough. My guess is going to be that it isn't, especially since it has to push up from a basement.
Additionally, ponds should have POND PUMPS, not just any pump or a pool pump. The way equipment and filtration works in a pond is different than the needs are for a pool or a construction site. Pool pumps in particular use a lot of force, something that pond equipment doesn't respond well to. I wouldn't use a pool pump on a pond, just as I wouldn't use a pond pump on a pool. Kinda like putting an engine for a truck on one of them little Mini Coopers...it just doesn't work properly, and wastes unnecessary energy
It sounds like you are on a budget and looking for something inexpensive. Can you tell us the size of your pond (LxWxD) and what your budget is so that we can help you find something more suitable?
You can get an excellent quality Evolution series pump that pushes 1,500 GPH, uses only 128 watts (less than half of that Norther Tools pump), and will cost you only $145 with free shipping. This thing will be whisper quiet and last you many years and be reliable. You might even be able to find it cheaper...