1865 Pickering Parkway 1309, Pickering

$656,600
1865 Pickering Parkway 1309

$656,600

New
7d
Condo Townhouse3-Storey

1865 Pickering Parkway 1309, Pickering

Total Monthly Obligation $3,602

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
7d
Score
19
Yield
5.3%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.1%
Property Type-Condo Townhouse
MLS® Number-E14090930
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$5,616.61 (2026)
Maintenance-$285.68/mo
Locker-None
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL XPERTS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Village East
Title-Residential Condo & Other

No agent assigned

Welcome to 1865 Pickering Pkwy, Unit 1309 - a recently built, modern 3-storey townhome in the sought-after City Walk community. This bright and functional home offers spacious, stylish living with 3 generous bedrooms, 3 washrooms, and parking for 2 vehicles. The kitchen is equipped with stainless steel appliances - fridge, stove, built-in dishwasher, and microwave hood. Upstairs, the primary bedroom is a private retreat featuring a walk-in closet and a 4-piece ensuite. Ideally situated close to all amenities, you'll enjoy easy access to grocery stores, shopping, restaurants, and everyday essentials - Walmart, Canadian Tire, GoodLife Fitness, and many more right at your doorstep. Commuters will love the unbeatable location: just 2 minutes to Highway 401, 10 minutes to Pickering GO Station, and 7 minutes to Pickering Town Centre. A fantastic opportunity to own a stylish townhouse in a prime location - don't miss it!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$525,280
Land Transfer Taxes$9,607
Legal Fees (Est.)
$
Total cash required for closing$142,427

Total Monthly Obligation

$3,602/mo
Mortgage $2,649
Monthly Loss $2,905
Principal$697
Interest$1,952
Property Tax$468
Condo Fees$286
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,040/yr
NOI
$20,091/yr
Net Cash Flow
-$974/mo
Cash Margin
-33.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.1/ 100

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

Comparables

Properties near 1865 Pickering Parkway 1309

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.