
2623 Garrison Crossing, Pickering
Pickering
$735,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Estimated from market price-to-rent ratios
Remarks
Special end-unit in the community (approx. 1,400 sq.ft. above grade), this stunning 3-bedroom + Large Den townhouse shows like a model home and is loaded with premium upgrades throughout.On the ground level, a large den provides incredible flexibility-perfect as a 4th bedroom, entertainment space, home office, or gym-with the added convenience of a separate entrance. Enjoy all hard-surface flooring, including engineered laminate and solid hardwood stairs, complemented by 9-ft smooth ceilings, designer light fixtures, and custom window coverings.The gourmet kitchen is thought fully designed with shaker-style cabinetry extended to the ceiling, a composite under mount sink, upgraded stainless steel appliances, and an extended island with a breakfast bar-perfect for cooking and entertaining alike.The open-concept main floor offers a bright and spacious living and dining area with a walkout to a private balcony, ideal for relaxing or hosting guests. Upstairs, the generous primary bedroom features its own private balcony retreat, along with beautifully upgraded bathrooms complete with sleek glass shower doors! .Located in the highly sought-after Duffin Heights community, close to golf courses, conservation areas, parks, and public transit. Low maintenance fees include parking, building insurance, and common elements.A truly turn-key, move-in ready home offering style, space, and versatility.
MississaugaInvestor.ca
2623 Garrison Crossing
Condo Townhouse · 4bd/2ba · ~1,300 sqft
$735,000
Cash-Flow Report · August 2, 2026
Cap Rate
2.78%
Monthly Cash Flow
-$1,680/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-12.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,383 |
| Property Tax | −$619 |
| Insurance | −$225 |
| Condo Fee | −$350 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$1,680/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$7,424 |
| Insurance | −$2,700 |
| Condo Fee | −$4,200 |
| Annual NOI | $20,446 |
| Cap Rate | 2.78% |
Cash Required to Close
| Down Payment (20%) | $147,000 |
| Ontario Land Transfer Tax | $11,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $161,175 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.