228 Shadow Place, Pickering

$869,900
228 Shadow Place

$869,900

New
7d
Semi-Detached 2-Storey

228 Shadow Place, Pickering

Total Monthly Obligation $4,492

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
7d
Score
17
Yield
4.4%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Semi-Detached
MLS® Number-E14088060
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-16.53 × 156.82 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-31-50
Taxes-$7,301.59 (2026)
Parking-3 - Attached
Basement-Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-TANYA TIERNEY TEAM REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Rouge Park
Title-Residential Freehold

No agent assigned

**Premium 154-ft deep, treed RAVINE lot with Walk-up Basement In-law Suite** Situated on a quiet cul-de-sac in highly sought-after North Pickering, this spacious 3-bedroom semi-detached home offers an inviting enclosed porch entry leading to a sun-filled, open concept main floor with 9-ft ceilings. The formal dining room provides plenty of space for entertaining, while the family room showcases peaceful backyard and ravine views. The spacious kitchen features a ceramic backsplash, stainless steel appliances, a large walk-in pantry, breakfast bar and ceramic flooring. The adjoining breakfast area offers a garden door walkout to a large composite deck with built-in bench seating and panoramic views of the lush, treed ravine. Step outside to enjoy mature trees, perennial gardens and a custom garden shed - an ideal setting for relaxing or entertaining. Upstairs, you'll find three generous bedrooms and a convenient laundry area. The primary retreat features a walk-in closet and 4-piece ensuite complete with a relaxing corner soaker tub. The finished walk-up basement offers excellent income or extended-family potential, featuring large above grade windows, a wet bar and 3-piece bathroom. Ideally located just steps from scenic trails, parks and schools, with convenient access to Hwy 407 for commuters. A rare opportunity to enjoy a premium ravine setting, exceptional outdoor space and a versatile family-friendly floor plan in one of North Pickering's desirable communities!

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

Closing Costs

Mortgage Amount
$695,920
Land Transfer Taxes$13,873
Legal Fees (Est.)
$
Total cash required for closing$189,353

Total Monthly Obligation

$4,492/mo
Mortgage $3,509
Monthly Loss $3,569
Principal$923
Interest$2,586
Property Tax$608
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%20
10-Year IRR
8.5%
Returns Index
11.2/ 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
$37,920/yr
NOI
$22,326/yr
Net Cash Flow
-$1,648/mo
Cash Margin
-52.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.1/ 100

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

Comparables

Properties near 228 Shadow Place

Time

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