
1235 Radom Street, Pickering
Pickering
$615,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to your own private nature retreat in the heart of sought-after Bay Ridges! Surrounded by mature trees, scenic parks, walking trails, and green space, this spacious and beautifully maintained 3-bedroom, 2-bathroom condo townhouse offers approximately 1900 sq. ft. of space.Filled with natural light, this inviting home features new laminate flooring on the main level, natural wood flooring on the second floor, and fresh paint throughout. The bright living room offers a walkout to a fully fenced backyard with direct gate access to a large open courtyard, creating the perfect setting for entertaining, relaxing, or enjoying the outdoors.The dining area is ideal for family gatherings and dinner parties, while the finished basement provides additional living space and abundant storage. The large primary bedroom features a walk-in closet, and the laundry area offers even more practical storage solutions.Step outside to enjoy the extra-large deck overlooking the peaceful courtyard. Residents will appreciate the convenience of underground parking and access to the community pool just steps away.Ideally located within walking distance to daycare, schools, parks, waterfront trails, the marina, restaurants, and local amenities. Commuters will love the close proximity to Pickering GO Station, Pickering Town Centre, and Hwy 401. New A/C installed June 2025.An exceptional opportunity to enjoy space, comfort, nature, and convenience in one of Pickering's most desirable waterfront communities. Floor plans and 3D tour attached.
MississaugaInvestor.ca
1235 Radom Street
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$615,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.98%
Monthly Cash Flow
-$1,817/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-16.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,831 |
| Property Tax | −$518 |
| Insurance | −$225 |
| Condo Fee | −$665 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$1,817/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$6,212 |
| Insurance | −$2,700 |
| Condo Fee | −$7,980 |
| Annual NOI | $12,178 |
| Cap Rate | 1.98% |
Cash Required to Close
| Down Payment (20%) | $123,000 |
| Ontario Land Transfer Tax | $8,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $134,775 |
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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