
2431 Hibiscus Drive, Pickering
Pickering
$1,399,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
57
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
Spacious And Bright Mattamy-Built Corner Detached Home Located In A Highly Sought-After Family-Oriented Community In Pickering. Offering Over 3,398 Sq. Ft. Of Living Space, This Stunning 4-Bedroom, 4-Bathroom Home Is Filled With Natural Light Throughout. Features Include A Double-Door Entry, Hardwood Flooring On The Main Floor, A Cozy Family Room With A Fireplace, And Oak Staircase. The Modern Kitchen Is Equipped With Stainless Steel Appliances, A Breakfast Bar, And Overlooks The Large Breakfast Area With A Walkout To The Deck And Fully Fenced Backyard. The Second Floor Offers 3 Full Bathrooms And Generously Sized Bedrooms With Large Windows That Flood The Home With Natural Light. The Primary Bedroom Features Coffered Ceilings, A Luxurious 5-Piece Ensuite, And Large His-And-Her Walk-In Closets. Additional Highlights Include Main-Floor Laundry With Direct Garage Access, An EV Charger, Zebra Blinds Throughout, And A Basement Featuring Large Windows And A Cold Cellar. Located Just Steps From The Brand-New Josiah Henson Public School, Parks, And Another New School Currently Under Construction. Conveniently Close To Highways, Trails, Shopping, Schools, And All Essential Amenities. Don't Miss This Exceptional Opportunity To Own A Beautiful Family Home In One Of Pickering's Most Desirable Neighbourhoods!
MississaugaInvestor.ca
2431 Hibiscus Drive
Detached · 4bd/4ba · ~3,250 sqft
$1,399,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.05%
Monthly Cash Flow
-$5,214/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-20.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$6,444 |
| Property Tax | −$1,178 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,167 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$5,214/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$14,139 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,999 |
| Annual NOI | $14,762 |
| Cap Rate | 1.05% |
Cash Required to Close
| Down Payment (20%) | $279,980 |
| Ontario Land Transfer Tax | $24,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $307,453 |
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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