2688 Sapphire Drive, Pickering
Pickering
$1,125,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX WEST REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this exceptional Aspen Ridge Homes home, built in 2022 and perfectly situated on a premium ravine lot offering breathtaking views and privacy. This stunning 4-bedroom, 4-bathroom home showcases quality craftsmanship and extensive builder upgrades throughout. Step inside to discover elegant 8-foot doors, rich hardwood flooring on the main and second levels, a beautiful oak staircase, and a bright open-concept layout designed for modern living. The gourmet kitchen features a large center island, premium finishes, and seamlessly flows into the spacious family room, complete with a cozy gas fireplace overlooking the serene ravine setting. Upstairs, you'll find four generously sized bedrooms, 2nd floor laundry, including a luxurious primary retreat featuring a large walk-in closet and a spa-inspired ensuite bathroom. The professionally finished walkout basement offers incredible versatility with two additional bedrooms, making it ideal for extended family, guests, or potential rental income. Outside, the home is enhanced with a beautifully interlocked driveway and side pathway leading to the backyard, providing exceptional curb appeal and outdoor functionality.
MississaugaInvestor.ca
2688 Sapphire Drive
Detached · 6bd/4ba · ~2,250 sqft
$1,125,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.8%
Monthly Cash Flow
-$3,488/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-16.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$5,178 |
| Property Tax | −$947 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$938 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$3,488/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$11,363 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,250 |
| Annual NOI | $20,287 |
| Cap Rate | 1.8% |
Cash Required to Close
| Down Payment (20%) | $225,000 |
| Ontario Land Transfer Tax | $18,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $246,975 |
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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