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$530,000

Pickering City Centre Condos - 1355 Kingston Rd Unit 72 - 1007_pcc491_1b - Pickering, ON, L1V 1B8

MLS® # PB1002-1007_PCC491_1B

2.0 Beds

1 Bath

486 sqft

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 1.0
  • Floor Space (approx): 486

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

60.9%

Cumulative Market Appreciation

$146,429

Net Operating Income in Year 5

$8,700

Cash on Cash Return in Year 5

-11.5%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$106,000
Mortgage Amount $424,000
Mortgage Payment
%
$2,199

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,184
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $625
Net Operating Income $559
Debt Service
Mortgage Payment $2,199
Net Cash Flow -$1,640

Acquistion Costs

Deposit $106,000
Land Transfer Tax $7,075
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $0
Total Acquisition Costs $129,575

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $16,500
Deposit @ 120 days $26,500
Deposit @ 300 days $13,250
Deposit @ 400 days $13,250
Deposit @ 600 days $13,250
Deposit @ 720 days $13,250
Total Deposit $106,000
Closing Date Jan 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $66,250$39,750 - - - - - - - -
Closing Costs $23,575 - - - - - - - - -
Mortgage Paydown $1,078$6,648$6,968$7,303$7,654$8,022$8,407$8,811$9,235$9,679
Total $90,903$46,398$6,968$7,303$7,654$8,022$8,407$8,811$9,235$9,679
Cash Invested $90,903$137,301$144,270$151,573$159,227$167,250$175,657$184,469$193,705$203,384
Rental Cash Flows
Rent and other income $2,369$14,317$14,933$15,575$16,244$16,943$17,671$18,431$19,224$20,051
Operating Expenses -$1,250-$7,533-$7,714-$7,900-$8,091-$8,287-$8,489-$8,697-$8,910-$9,129
Mortgage Payment -$4,399-$26,399-$26,399-$26,399-$26,399-$26,399-$26,399-$26,399-$26,399-$26,399
Net Cash Flow -$3,281-$19,615-$19,181-$18,724-$18,246-$17,744-$17,217-$16,664-$16,085-$15,477
Returns
Property Price Appreciation $26,500$27,824$29,216$30,677$32,210$33,821$35,512$37,288$39,152$41,110
Mortgage Paydown $1,078$6,648$6,968$7,303$7,654$8,022$8,407$8,811$9,235$9,679
Net Cash Flow -$3,281-$19,615-$19,181-$18,724-$18,246-$17,744-$17,217-$16,664-$16,085-$15,477
Total Return $24,296$14,858$17,003$19,255$21,618$24,099$26,703$29,435$32,302$35,311
Cumulative Return $24,296$39,154$56,158$75,413$97,032$121,132$147,835$177,270$209,573$244,885
Investment Metrics
Cumulative ROI 26.7% 28.5% 38.9% 49.8% 60.9% 72.4% 84.2% 96.1% 108.2% 120.4%
Cash On Cash -3.6% -14.3% -13.3% -12.4% -11.5% -10.6% -9.8% -9.0% -8.3% -7.6%

Location of 1007_pcc491_1b-1355 Kingston Rd Unit 72, Pickering, ON, L1V 1B8

Demographic Information of 1007_pcc491_1b-1355 Kingston Rd Unit 72, Pickering, ON, L1V 1B8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,530.98

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.98 %

High school certificate or equivalent

33.15 %

Apprenticeship trade certificate/diploma

5.11 %

College/non-university certificate

24.58 %

University certificate (below bachelor)

1.53 %

University Degree

19.64 %

Commuter

Travel To Work

By Car

77.81 %

By Public Transit

13.74 %

By Walking

2.68 %

By Bicycle

0.0 %

By Other Methods

5.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.32 %

Houses

14.68 %

Own Vs. Rent