
1901- 1210 Radom Street, Pickering
Pickering
$442,000
Cash flow, cap rate & mortgage breakdown
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Listed by COLDWELL BANKER REAL ESTATE PROFESSIONALS
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
36
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
***Welcome to this fully updated open concept kitchen with Island/ Granite Countertop, Stainless Steel Appliances. Featuring a large balcony with north exposure and plenty sunlight. Lots of Closets, . Well Maintained building with some recent improvement such as, All New Windows, Lobby, Hallway floors, Walls and very spacious and beautiful party room. Amenities include: Gym, Party/Conference room, Library, Laundry room and Underground Visitor Parking. Minutes away Hway 401, Go Station, Pickering Town Center and Beach and Board walk by Lake Ontario. A must see Unique ***Prime location***
MississaugaInvestor.ca
1901- 1210 Radom Street
Condo Apartment · 2bd/2ba · ~1,100 sqft
$442,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.59%
Monthly Cash Flow
-$1,449/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-17.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,034 |
| Property Tax | −$372 |
| Insurance | −$225 |
| Condo Fee | −$765 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$1,449/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$4,464 |
| Insurance | −$2,700 |
| Condo Fee | −$9,180 |
| Annual NOI | $7,026 |
| Cap Rate | 1.59% |
Cash Required to Close
| Down Payment (20%) | $88,400 |
| Ontario Land Transfer Tax | $5,315 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $96,715 |
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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