1859 New Street, Pickering

$1,198,888
1859 New Street

$1,198,888

New
22d
DetachedBungalow

1859 New Street, Pickering

Total Monthly Obligation $5,926

Beds
5
Baths
4
Park
4
Sqft
1500-2000
DOM
22d
Score
16
Yield
4.1%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-E13851622
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-50 × 128.9 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,580 (2025)
Parking-6 - Attached
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Amberlea
Title-Residential Freehold

No agent assigned

Welcome to this beautifully designed, Custom-built oversized detached bungalow in the heart ofAmberlea, one of Pickering's most sought-after family neighbourhoods! Offering an incrediblyversatile 1737 sq ft layout with 2+3 bedrooms, 4 bathrooms, 3 kitchens, and 2 basement walkoutsto the apartments! This beautiful home is perfectly suited for today's multi-generationalfamilies, those seeking space for extended family, or buyers looking for outstanding incomepotential (where permitted). The spacious and functional floor plan is ideal for both everydayliving and entertaining, with generous principal rooms, multiple living areas, and threewell-appointed kitchens that provide unmatched convenience. Whether you're hosting familygatherings, accommodating guests, or looking for a home that can evolve with your family'schanging needs, this property delivers exceptional value and versatility rarely found intoday's market. Located on a quiet, family-friendly street in the established Amberleacommunity, this home offers the perfect balance of peaceful suburban living and everydayconvenience. Surrounded by mature trees, parks, walking trails, and beautiful green spaces,including nearby Altona Forest, residents enjoy an active outdoor lifestyle while remainingjust minutes from everything they need. Families will appreciate the area's highly regardedpublic and Catholic schools, French Immersion opportunities, numerous parks and playgrounds,community centres, and recreational facilities. Commuters will love the quick access to Highway401, Highway 407, Pickering GO Station, Durham Region Transit, and nearby shopping,restaurants, and everyday amenities.

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

Closing Costs

Mortgage Amount
$959,110
Land Transfer Taxes$20,453
Legal Fees (Est.)
$
Total cash required for closing$261,731

Total Monthly Obligation

$5,926/mo
Mortgage $4,836
Monthly Loss $4,653
Principal$1,273
Interest$3,563
Property Tax$715
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%19
10-Year IRR
8.4%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$48,600/yr
NOI
$30,660/yr
Net Cash Flow
-$2,281/mo
Cash Margin
-56.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.2/ 100

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

Comparables

Properties near 1859 New Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.