1516- 1890 Valley Farm Road, Pickering
Pickering
$744,900
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX CONNECT 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
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
Pride of Ownership! Fabulous 2+1 Bedroom Champlain Model Suite Renovated Thru/O In Family Friendly Pickering! Enjoy Fantastic Open Concept Layout With Crown Molding & Upgraded Laminate Flooring Through out, Spacious Eat-In Kitchen W Breakfast Bar, Pantry, Upgraded Counters & Cabinets W Tons Of Storage Space! Master Bedroom Features Walk-In Closet & 4 Pc Ensuite, Bright Solarium That Can Easily Be Converted Into 3rd Bedroom! This Condo Is Complete With 2 Parking Spaces & Locker!
MississaugaInvestor.ca
1516- 1890 Valley Farm Road
Condo Apartment · 3bd/2ba · ~1,100 sqft
$744,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.09%
Monthly Cash Flow
-$2,755/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-20.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$3,429 |
| Property Tax | −$627 |
| Insurance | −$225 |
| Condo Fee | −$1,039 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$2,755/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$7,523 |
| Insurance | −$2,700 |
| Condo Fee | −$12,468 |
| Annual NOI | $8,089 |
| Cap Rate | 1.09% |
Cash Required to Close
| Down Payment (20%) | $148,980 |
| Ontario Land Transfer Tax | $11,373 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $163,353 |
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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