1109- 1890 Valley Farm Road, Pickering
Pickering
$629,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to resort-style living at Discovery Place-Pickering's premier condo community! This lovingly maintained 2-bedroom, 2-bathroom "Champlain" model offers 1,100 sq. ft. of tastefully decorated, light-filled space. Features include a renovated kitchen and primary ensuite, an updated main bath, stylish Euro-style closet doors, and modern fixtures throughout. Unwind in your solarium or bedrooms while taking in stunning views of the lush grounds, colorful evening sunsets, and seasonal fireworks. World-class amenities await: indoor & outdoor pools, tennis/pickleball courts, a full gym, squash, basketball, hot tub, sauna, library, media room, and guest suites for out-of-town visitors. Join a vibrant, friendly community with active social programs! Unbeatable location-walk to shops, dining, medical offices, Pickering Library, Esplanade Park, and GO/Durham Transit. Quick access to Highways 401, 407, and 7.
MississaugaInvestor.ca
1109- 1890 Valley Farm Road
Condo Apartment · 3bd/2ba · ~1,100 sqft
$629,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.36%
Monthly Cash Flow
-$2,184/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-19.01%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$2,895 |
| Property Tax | −$529 |
| Insurance | −$225 |
| Condo Fee | −$1,005 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$2,184/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$6,353 |
| Insurance | −$2,700 |
| Condo Fee | −$12,060 |
| Annual NOI | $8,527 |
| Cap Rate | 1.36% |
Cash Required to Close
| Down Payment (20%) | $125,800 |
| Ontario Land Transfer Tax | $9,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $137,855 |
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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