5115 Westney Road, Pickering
Pickering
$1,299,000
Cash flow, cap rate & mortgage breakdown
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Listed by GET SOLD REALTY INC.
Investment Analysis
Key Facts
Type
Farm
Bedrooms
6
Bathrooms
2
Days on Market
115
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,000/mo
Estimated from market price-to-rent ratios
Remarks
13.5 acres, fenced all around, gated entry, Close to 407, Horse riding arena 50 X 72ft with no centre posts, 8 stall barn with loft, fenced compound for grazing and riding, chicken coop, Updated 4 bd, open concept style house with hardwood floors and updated kitchen with sitting area facing the forest. Forced air propane heat and central air, with fireplace in Family Room. Newer furnace. Sunny views from all sides. Rear of house backs onto forest and gently sloping down to meandering creek with footbridge to other side. Arena and Barn, both in good condition and have separate electrical panels and water is available for both places. Property under Power of Sale, no representations or warranties.
MississaugaInvestor.ca
5115 Westney Road
Farm · 6bd/2ba · ~2,250 sqft
$1,299,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.29%
Monthly Cash Flow
-$4,580/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-19.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$5,979 |
| Property Tax | −$1,093 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$4,580/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$13,120 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,990 |
| Annual NOI | $16,790 |
| Cap Rate | 1.29% |
Cash Required to Close
| Down Payment (20%) | $259,800 |
| Ontario Land Transfer Tax | $22,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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