1510 Elmsley Drive, Pickering

$999,000
1510 Elmsley Drive

$999,000

New
7d
Detached2-Storey

1510 Elmsley Drive, Pickering

Total Monthly Obligation $5,166

Beds
5
Baths
5
Park
2
Sqft
2000-2500
DOM
7d
Score
17
Yield
4.5%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-E14087132
Beds-5
Bathrooms-5
Size-2000-2500 sqft
Lot Size-37.07 × 88.58 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,133.68 (2026)
Parking-4 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ROUGE RIVER REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Other
Facing-South
Exterior-Brick, Stone
Roof-Other
Foundation-Other
Sewer-Sewer
Possession-Flexible
Neighbourhood-Duffin Heights
Title-Residential Freehold

No agent assigned

LEGAL BASEMENT APARTMENT | If there was a home that had it all, this one would be IT | Double car detached home, four bedrooms and four bathrooms in the main home PLUS an additional bedroom and bathroom in the basement apartment | Main floor features a great room with gas fireplace and a formal dining room which can also be used as another living area | Kitchen features stainless steel appliances, large window looking out into the yard, and a breakfast bar | Breakfast area w/o to the deck and fenced backyard with a pergola and hot tub | 9 Ft ceilings and hardwood floors throughout main | Primary bedrooms features 5 pc ensuite, walk-in closet with custom shelving | Second bedroom with a 4 pc ensuite & walk-in closet- perfect for guests staying over without disrupting your private space or for a teenager wanting their own space | Spacious additional bedroom w/ another full bathroom | Second floor family rm is perfect for cozy movie night - It can also be used as an office or even converted to a fifth bedroom with beautiful light | Basement apartment completed in 2018 with a full kitchen, open concept living space, bedroom, & a full bathroom | Legal basement apartment allows for a lot of opportunities - Air BNB, rental unit, guest house, space for elderly parents, or even adult children who want their own space but stay close to home | Interlocked Front Yard | Duffin Heights is a desired neighborhood for a lot of families - it has the perfect blend of nature and convenience | Surrounded by parks, green spaces, scenic walking trails & outdoor recreation | Close proximity to parks, trails, golf, schools, and recreational facilities | Convenient access to shopping, restaurants & everyday essentials | Easy connections to Highway 407, Highway 401 and surrounding Durham Region communities, while Pickering's beautiful waterfront is just a drive away. A fantastic neighbourhood offering comfort, convenience and a lifestyle to love!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$5,166/mo
Mortgage $4,030
Monthly Loss $4,105
Principal$1,060
Interest$2,969
Property Tax$761
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.1/ 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
$44,856/yr
NOI
$26,737/yr
Net Cash Flow
-$1,802/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.6/ 100

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

Comparables

Properties near 1510 Elmsley Drive

Time

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