1478 Altona Road, Pickering

$1,100,000
1478 Altona Road

$1,100,000

New
18d
Detached1 1/2 Storey

1478 Altona Road, Pickering

Total Monthly Obligation $5,539

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
18d
Score
16
Yield
3.9%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-E13865854
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-100 × 183 ft
Listed on site-Oct 5, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$8,721 (2025)
Parking-4 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Electric)
Brokerage-Sotheby's International Realty Canada, Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Other
Possession-Flexible
Neighbourhood-Rougemount
Title-Residential Freehold

No agent assigned

Exceptional Development Opportunity in a Prime Location!Unlock the full potential of this premium property with the possibility to sever into two individual parcels . A rare offering for builders, investors, and developers looking to capitalize on a high-demand, rapidly growing area. With generous lot dimensions and strong redevelopment potential, this is your chance to maximize returns and create something truly valuable.Welcome to 1478 Altona Road!Nestled in a sought-after, family-friendly neighbourhood, this well-maintained home offers the perfect blend of comfort, space, and future potential. Step inside to a bright, open-concept living and dining area filled with natural light-ideal for both everyday living and entertaining guests. The spacious kitchen features ample cabinetry and workspace, with seamless access to a private backyard-perfect for summer BBQs, relaxing evenings, or entertaining family and friends.Upstairs, you'll find generously sized bedrooms designed for comfort and privacy, making this home ideal for growing families. The expansive backyard adds even more appeal, offering space to unwind or explore future possibilities. Location!Enjoy the convenience of being just minutes from top-rated schools, parks, shopping, transit, and major highways-making commuting and daily errands effortless.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$880,000
Land Transfer Taxes$18,475
Legal Fees (Est.)
$
Total cash required for closing$239,975

Total Monthly Obligation

$5,539/mo
Mortgage $4,437
Monthly Loss $4,371
Principal$1,168
Interest$3,269
Property Tax$727
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.2/ 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
$43,056/yr
NOI
$25,529/yr
Net Cash Flow
-$2,310/mo
Cash Margin
-64.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.5/ 100

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

Comparables

Properties near 1478 Altona Road

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.

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Data last updated within the past 24 hours.