1995 Royal Road 115, Pickering

$575,000
1995 Royal Road 115

$575,000

New
16d
Condo TownhouseBungalow

1995 Royal Road 115, Pickering

Total Monthly Obligation $3,526

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1400-1599
DOM
16d
Score
21
Yield
6.9%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Condo Townhouse
MLS® Number-E13873010
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$4,132.22 (2026)
Maintenance-$662.68/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-30 Days/Flex
Neighbourhood-Village East
Title-Residential Condo & Other

No agent assigned

Ideal Opportunity For Downsizers, Professionals, First-Time Buyers * Spacious 2 Bedroom, 2 Bathroom Bungalow Unit Offering Over 1400 Sq Ft. of Living Space In A Desirable Pickering Community * Freshly Painted Throughout & Move-In Ready * This unit includes Two Underground Tandem Parking Spaces in a Heated Garage * Bright & Spacious Open-Concept Layout * Oversized Eat-In Kitchen * Primary Bedroom With Large Walk-In Closet, 3-Pc Ensuite * Versatile Second Bedroom Ideal For Guests, Home Office Or Additional Living Space * Exceptional Terrace * Convenient In-Suite Laundry * Large Private Storage Room Offering Ample Storage Space * Well-Maintained Building With Beautifully Landscaped Grounds & Ample Visitor Parking * Recently Renovated Party Room Featuring Updated Kitchen & Comfortable Gathering Area * Prime Location Within Walking Distance Amenities * Minutes To Pickering Town Centre, Highway 401, Recreation Facilities & Everyday Amenities *

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

Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,526/mo
Mortgage $2,319
Monthly Loss $2,916
Principal$610
Interest$1,709
Property Tax$344
Condo Fees$663
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.6%47
10-Year IRR
12.0%
Returns Index
24.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$39,708/yr
NOI
$21,253/yr
Net Cash Flow
-$548/mo
Cash Margin
-16.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7613
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
25.0/ 100

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

Comparables

Properties near 1995 Royal Road 115

Time

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