
1067 Purus Path, Pickering
Pickering
$1,299,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/GTA REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this stunning, upgraded home in Pickering's highly sought-after New Seaton community, one of the GTA's fastest-growing and most family-friendly neighborhoods. Built in 2021 and enhanced with over $100 K in premium upgrades, this exceptional 4+1 bedroom, 4+1 bathroom residence offers the perfect blend of luxury, comfort, and functionality. Designed for modern family living, the home features a professionally finished builder-completed walk-out basement, providing valuable additional living space with endless possibilities. The original sixth bedroom has been thoughtfully transformed into a spacious den, ideal for a home office, media room, gym, or playroom. Meticulously maintained and move-in ready, this home showcases quality finishes throughout and offers an ideal layout for growing families and discerning buyers. The no-sidewalk lot provides added convenience with extra driveway parking. Enjoy convenient access to Highways 401 and 407, making commuting effortless. The neighborhood offers outstanding family-friendly amenities, including two nearby children's parks, a soccer field, tennis courts, and public transit within walking distance. An elementary school is conveniently located nearby, with a new Catholic elementary school coming soon. Adding even more value, a new commercial plaza featuring shopping, dining, and everyday conveniences is currently underdevelopment within 1 km of the home. Don't miss this opportunity to own a beautifully upgraded home in one of Pickering's most exciting and rapidly developing communities.
MississaugaInvestor.ca
1067 Purus Path
Detached · 5bd/5ba · ~2,250 sqft
$1,299,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.42%
Monthly Cash Flow
-$4,438/mo
Estimated Rent
$4,150/mo
Cash-on-Cash
-18.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,150 |
| Mortgage | −$5,979 |
| Property Tax | −$1,093 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$208 |
| Cash Flow | -$4,438/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,800 |
| Vacancy (5%) | −$2,490 |
| Property Tax | −$13,120 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,990 |
| Annual NOI | $18,500 |
| Cap Rate | 1.42% |
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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