789 Hillcrest Road, Pickering

$845,000
789 Hillcrest Road

$845,000

New
23d
DetachedBungalow

789 Hillcrest Road, Pickering

Total Monthly Obligation $4,367

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
23d
Score
17
Yield
4.5%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-E13845260
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,007.39 (2025)
Parking-5 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-West Shore
Title-Residential Freehold

No agent assigned

Well-Maintained Detached Bungalow W/ Garage In West Shore Offering 3+2 Bedrooms And 2 Kitchens. Bright And Spacious Main Floor With Hardwood Flooring, Three Full-Size Bedrooms, And An Eat-In Kitchen. Separate Side Entrance Leads To A Large Recreation Room, Second Kitchen, And Two Additional Bedrooms, Providing Flexibility For An In-Law Suite Or Potential Future Income. Plenty Of Parking And A Good-Sized Lot. Recent Updates Include The Roof And Dishwasher In 2023, Air Conditioning Replaced Within The Last Three Years, And A New Sump Pump In 2026. Conveniently Located Near Highway 401, The GO Train, Parks, Schools, Shopping, And Other Amenities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$676,000
Land Transfer Taxes$13,375
Legal Fees (Est.)
$
Total cash required for closing$183,875

Total Monthly Obligation

$4,367/mo
Mortgage $3,408
Monthly Loss $3,471
Principal$897
Interest$2,512
Property Tax$584
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,196/yr
NOI
$22,869/yr
Net Cash Flow
-$1,503/mo
Cash Margin
-47.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 789 Hillcrest Road

Time

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Data last updated within the past 24 hours.