1034 Reflection Place 202, Pickering

$579,000
1034 Reflection Place 202

$579,000

New
4d
Condo Townhouse3-Storey

1034 Reflection Place 202, Pickering

Total Monthly Obligation $3,550

Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
4d
Score
19
Yield
6.1%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Townhouse
MLS® Number-E14093526
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 19, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$6,084.66 (2026)
Maintenance-$507/mo
Locker-None
Parking-2 - Built-In
Basement-None, Other
Heating-Forced Air (Gas)
Brokerage-RE/MAX ROUGE RIVER REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stone, Brick
Possession-Flexible
Neighbourhood-Rural Pickering
Title-Residential Condo & Other

No agent assigned

Opportunity Is Knocking - Own this beautiful, four-year-new, upgraded smart home in a sought-after Pickering community | Enjoy geothermal heating and cooling with no gas bill, helping reduce monthly costs | This energy-efficient home lets you control heating, cooling, air filtration, and the garage door right from your phone | The main floor features an open-concept home office with a large window for plenty of natural light, plus access to the porch for a refreshing break. Currently used as a gym/yoga room, this space offers separation from the main living area | The second floor showcases a stunning kitchen with upgraded stainless steel appliances, built-in microwave, quartz countertops, custom backsplash, undermount sink, gorgeous blue cabinetry, modern hardware, upgraded faucet, and an extended breakfast bar | The open-concept living and dining area walks out to a 12-foot balcony, perfect for BBQs and entertaining | The primary bedroom features a 3-piece ensuite with upgraded glass shower, walk-in closet, private balcony, and an additional 7-foot nook ideal for a second office or reading space | Two beautiful additional bedrooms and upgraded full bathrooms with quartz countertops and raised-height vanities for added comfort | The showstopper? A massive 17' x 11' rooftop terrace, perfect for entertaining, relaxing with family, or unwinding with your favorite drink | Upgraded light fixtures throughout, carpet-free luxury vinyl flooring, and an EV charger in the garage | Smart, modern, spacious, and energy-efficient, this home offers room for everyone and everything | Located near parks, trails, golf, a community centre, and schools, with restaurants and shopping just minutes away in a rapidly growing community | Maintenance fees include lawn maintenance, snow removal, winter maintenance, and park care.

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

Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,550/mo
Mortgage $2,336
Monthly Loss $2,935
Principal$615
Interest$1,721
Property Tax$507
Condo Fees$507
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.1%29
10-Year IRR
10.0%
Returns Index
15.8/ 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
$35,496/yr
NOI
$17,378/yr
Net Cash Flow
-$887/mo
Cash Margin
-30.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.3/ 100

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

Comparables

Properties near 1034 Reflection Place 202

Time

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Data last updated within the past 24 hours.