1235 Radom Street 62, Pickering

$529,900
1235 Radom Street 62

$529,900

New
17d
Condo Townhouse2-Storey

1235 Radom Street 62, Pickering

Total Monthly Obligation $3,275

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
17d
Score
20
Yield
6.6%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Condo Townhouse
MLS® Number-E13868066
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,276.35 (2026)
Maintenance-$665/mo
Locker-None
Parking-1 - Underground
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS REFERRED URBAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-30 Days
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

Welcome to Families, First-Time Home Buyers, Empty-Nesters, Or Any One Looking For A Fantastic Home In Beautiful Bay Ridges. This Is A Great Home For Someone In Need Of Three Bedrooms, Lots Of Space, And Fantastic Access To Pickering Town Centre. So Much To Offer Here, Stainless Steel Appliances, Storage Space, Functional Layout, Peaceful Backyard With Access To Lots Of Green Space In Complex. There Is A Full Standing Shower In The Basement. Amenities Include Tons Of Fun To Be Had At The Pool With Its Own Lifeguard During The Summer. Two Children's Playgrounds Near The Complex. Very Family-Friendly Amenities! Very Quick 10 To 15 Minute Walk To Pickering GO Station. Lots Of Transit Options. Stroll Over To Pickering City Centre In A Mere 20 Minutes. Easy Access To Frenchmans Bay. Convenient Location To Parking Lot Access And Visitor Parking Access. Fantastic Enclosed Yard With Tomato And Bell Pepper Garden With Lots Of Greenery Around. Bay Ridges Is A Fantastic Neighbourhood For Families Of All Ages and Sizes Looking For A Peaceful And Beautiful Community To Live In.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$3,275/mo
Mortgage $2,137
Monthly Loss $2,713
Principal$562
Interest$1,575
Property Tax$273
Condo Fees$665
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%39
10-Year IRR
11.1%
Returns Index
20.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$35,016/yr
NOI
$17,858/yr
Net Cash Flow
-$649/mo
Cash Margin
-22.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.5/ 100

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

Comparables

Properties near 1235 Radom Street 62

Time

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Data last updated within the past 24 hours.