2007- 1455 Celebration Drive, Pickering
Pickering
$449,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Spacious one bedroom suite in the prestigious Universal City 2 Towers! Lovely open concept suite with modern finishes and a very functional design. Contemporary kitchen with beautiful quartz countertops, stainless steel appliances, and lots of storage. Large bedroom with a generous closet. Upgraded laminate floors throughout. Heaps of natural sunlight from windows. Wonderful west views. Entertain friends on an oversized balcony while enjoying the sunset and lake views. Great location minutes to Pickering GO Station (28 minutes to Union Station); Pickering Town Center; New D LIVE Casino, Dining, Hotel, Retail, Entertainment, Studio District; steps to Frenchman's Bay and Marina; Pickering Marina; Waterfront Trails; close to Rouge Valley Hospital; grocery stores; restaurants; and MORE.
MississaugaInvestor.ca
2007- 1455 Celebration Drive
Condo Apartment · 1bd/1ba · ~550 sqft
$449,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.73%
Monthly Cash Flow
-$1,419/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-17.33%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$2,067 |
| Property Tax | −$378 |
| Insurance | −$225 |
| Condo Fee | −$364 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$1,419/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$4,535 |
| Insurance | −$2,700 |
| Condo Fee | −$4,368 |
| Annual NOI | $7,777 |
| Cap Rate | 1.73% |
Cash Required to Close
| Down Payment (20%) | $89,800 |
| Ontario Land Transfer Tax | $5,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $98,255 |
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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