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$579,000

Pickering City Centre Condos - 1355 Kingston Rd Unit 72 - pcc499_tower_sw - Pickering, ON, L1V 1B8

MLS® # PB1002-PCC499_TOWER_SW

1.5 Beds

1 Bath

499 sqft

Property Features:

  • Bedrooms: 1.5
  • Bathrooms: 1.0
  • Floor Space (approx): 499

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

66.5%

Cumulative Market Appreciation

$159,967

Net Operating Income in Year 5

$11,880

Cash on Cash Return in Year 5

-10.2%

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
%
$115,800
Mortgage Amount $463,200
Mortgage Payment
%
$2,403

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,452
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $672
Net Operating Income $779
Debt Service
Mortgage Payment $2,403
Net Cash Flow -$1,624

Acquistion Costs

Deposit $115,800
Land Transfer Tax $8,055
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $0
Total Acquisition Costs $140,355

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $18,950
Deposit @ 120 days $28,950
Deposit @ 300 days $14,475
Deposit @ 400 days $14,475
Deposit @ 600 days $14,475
Deposit @ 720 days $14,475
Total Deposit $115,800
Closing Date Jan 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $72,375$43,425 - - - - - - - -
Closing Costs $24,555 - - - - - - - - -
Mortgage Paydown $1,177$7,263$7,612$7,978$8,361$8,763$9,185$9,626$10,089$10,574
Total $98,107$50,688$7,612$7,978$8,361$8,763$9,185$9,626$10,089$10,574
Cash Invested $98,107$148,796$156,408$164,387$172,749$181,513$190,698$200,324$210,414$220,988
Rental Cash Flows
Rent and other income $2,904$17,549$18,304$19,091$19,912$20,768$21,661$22,593$23,564$24,578
Operating Expenses -$1,345-$8,108-$8,308-$8,513-$8,724-$8,941-$9,164-$9,393-$9,629-$9,872
Mortgage Payment -$4,806-$28,840-$28,840-$28,840-$28,840-$28,840-$28,840-$28,840-$28,840-$28,840
Net Cash Flow -$3,248-$19,398-$18,843-$18,261-$17,651-$17,012-$16,342-$15,640-$14,905-$14,134
Returns
Property Price Appreciation $28,950$30,397$31,917$33,513$35,188$36,948$38,795$40,735$42,772$44,910
Mortgage Paydown $1,177$7,263$7,612$7,978$8,361$8,763$9,185$9,626$10,089$10,574
Net Cash Flow -$3,248-$19,398-$18,843-$18,261-$17,651-$17,012-$16,342-$15,640-$14,905-$14,134
Total Return $26,879$18,262$20,686$23,230$25,899$28,699$31,638$34,721$37,956$41,350
Cumulative Return $26,879$45,141$65,828$89,058$114,957$143,656$175,295$210,016$247,973$289,323
Investment Metrics
Cumulative ROI 27.4% 30.3% 42.1% 54.2% 66.5% 79.1% 91.9% 104.8% 117.8% 130.9%
Cash On Cash -3.3% -13.0% -12.0% -11.1% -10.2% -9.4% -8.6% -7.8% -7.1% -6.4%

Location of pcc499_tower_sw-1355 Kingston Rd Unit 72, Pickering, ON, L1V 1B8

Demographic Information of pcc499_tower_sw-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