(Blk 14-5)- 976 Cormorant Path, Pickering
Pickering
$939,990
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by INTERCITY REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
95
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,350/mo
Estimated from market price-to-rent ratios
Remarks
Brand New Willow End Unit By Tower Hill Homes In The Highly Desirable New Seaton Community. Offering Approximately 1,910 Sq Ft Of Functional Living Space, This Freehold Townhome Showcases A Bright And Airy Open-Concept Design. Features A Spacious Great Room With Electric Fireplace, Contemporary Kitchen With Centre Island, And A Beautiful Natural Oak Staircase. Includes Main Floor Laundry And A Full Basement For Added Space. The Primary Bedroom Offers A Walk-In Closet And A 5-Piece Ensuite. Buyers Will Have The Opportunity To Personalize Finishes And Receive $10,000 In Décor Dollars. Conveniently Located Near Hwy 407 & 401, GO Transit, Parks, Trails, And Schools. Closing Expected October/November 2026. ***** H.S.T. REBATE APPLICABLE *****
MississaugaInvestor.ca
(Blk 14-5)- 976 Cormorant Path
Att/Row/Townhouse · 4bd/4ba · ~1,750 sqft
$939,990
Cash-Flow Report · July 31, 2026
Cap Rate
1.77%
Monthly Cash Flow
-$2,944/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-17.13%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$4,327 |
| Property Tax | −$791 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$783 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$2,944/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$9,494 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,400 |
| Annual NOI | $16,596 |
| Cap Rate | 1.77% |
Cash Required to Close
| Down Payment (20%) | $187,998 |
| Ontario Land Transfer Tax | $15,275 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $206,273 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.