LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$909,990

3 Beds

2 Baths

923 sqft

3a-1640 Kingston Rd, Pickering, ON, L1V 1C3

Pickering ON, L1V 1C3

MLS® # PB1213-3A

Property Features:

  • Bedrooms: 3.0
  • Bathrooms: 2.0
  • Floor Space (approx): 923

This listing content provided by Brokers PlaybookTM

Real Estate Investing Made Simple: See the RLP InvestorsEdge™ Proforma in Action

Potential Investment Performance

Cumulative ROI

88.3%

Cumulative Market Appreciation

$251,413

Net Operating Income in Year 5

$24,883

Cash on Cash Return in Year 5

-9.5%

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
%
$181,998
Mortgage Amount $727,992
Mortgage Payment
%
$3,777

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,685
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,020
Net Operating Income $1,665
Debt Service
Mortgage Payment $3,777
Net Cash Flow -$2,112

Acquistion Costs

Deposit $181,994
Land Transfer Tax $14,674
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $213,172

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $17,749
Deposit @ 90 days $22,749
Deposit @ 180 days $22,749
Deposit @ 365 days $22,749
Deposit @ 0 days $45,499
Due on Occupancy $45,499
Total Deposit $181,994
Closing Date Sep 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $113,746$22,749$45,499 - - - - - - -
Closing Costs - - $31,178 - - - - - - -
Mortgage Paydown - - $8,445$11,732$12,296$12,887$13,507$14,156$14,836$15,549
Total $113,746$22,749$85,122$11,732$12,296$12,887$13,507$14,156$14,836$15,549
Cash Invested $113,746$136,495$221,617$233,349$245,646$258,533$272,040$286,197$301,033$316,583
Rental Cash Flows
Rent and other income - - $24,173$33,270$34,701$36,193$37,749$39,372$41,065$42,831
Operating Expenses - - -$9,187-$12,484-$12,805-$13,135-$13,475-$13,825-$14,186-$14,557
Mortgage Payment - - -$33,995-$45,326-$45,326-$45,326-$45,326-$45,326-$45,326-$45,326
Net Cash Flow - - -$19,008-$24,541-$23,431-$22,269-$21,052-$19,779-$18,447-$17,052
Returns
Property Price Appreciation $45,499$47,774$50,163$52,671$55,304$58,070$60,973$64,022$67,223$70,584
Mortgage Paydown - - $8,445$11,732$12,296$12,887$13,507$14,156$14,836$15,549
Net Cash Flow - - -$19,008-$24,541-$23,431-$22,269-$21,052-$19,779-$18,447-$17,052
Total Return $45,499$47,774$39,599$39,862$44,170$48,688$53,427$58,398$63,613$69,081
Cumulative Return $45,499$93,273$132,873$172,736$216,906$265,595$319,023$377,422$441,035$510,117
Investment Metrics
Cumulative ROI 40.0% 68.3% 60.0% 74.0% 88.3% 102.7% 117.3% 131.9% 146.5% 161.1%
Cash On Cash - - -8.6% -10.5% -9.5% -8.6% -7.7% -6.9% -6.1% -5.4%

Location of 3a-1640 Kingston Rd, Pickering, ON, L1V 1C3

Demographic Information of 3a-1640 Kingston Rd, Pickering, ON, L1V 1C3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,405.63

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.88 %

High school certificate or equivalent

32.2 %

Apprenticeship trade certificate/diploma

6.27 %

College/non-university certificate

23.75 %

University certificate (below bachelor)

1.13 %

University Degree

23.78 %

Commuter

Travel To Work

By Car

84.68 %

By Public Transit

8.5 %

By Walking

2.28 %

By Bicycle

0.0 %

By Other Methods

4.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.41 %

Houses

81.59 %

Own Vs. Rent