1939 Altona Road, Pickering

$7,900,000
1939 Altona Road

$7,900,000

Price Change
31d
DetachedBungalow

1939 Altona Road, Pickering

Total Monthly Obligation $34,531

HausQ Valuation Report
Beds
3
Baths
2
Park
10
Sqft
1100-1500
DOM
31d
Score
12
Yield
0.5%
Cash on Cash
-20.6%
Cap Rate
0.1%
5Y IRR
-0.3%
10Y IRR
2.6%
Property Type-Detached
MLS® Number-E13813044
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Sep 22, 2026
Style-Bungalow
Building Type-Detached
Taxes-$27,478 (2025)
Parking-10 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HUMBER VALLEY REAL ESTATE GROUP LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Other
Possession-TBD
Neighbourhood-Highbush
Title-Residential Freehold

No agent assigned

INFILL Townhome Development Site in Pickering. 57 Units. 11 Traditional Towns Backing Onto Altona Forest. 46 Large Stacked Towns, ( 3 bed 3 bath, with NO UNDERGROUND PARKING) all townhomes have private above ground Garages with direct access to each unit. Currently leased and operating as a Tree supply and landscaping business. See attachments for site plan and townhome layouts.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$6,320,000
Land Transfer Taxes$183,975
Legal Fees (Est.)
$
Total cash required for closing$1,765,475

Total Monthly Obligation

$34,531/mo
Mortgage $31,866
Monthly Loss $26,146
Principal$8,386
Interest$23,481
Property Tax$2,290
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.1%5
Cash-on-Cash
-22.2%0
5-Year IRR
-1.7%2
10-Year IRR
1.8%
Returns Index
1.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
12/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,000/yr
NOI
$5,822/yr
Net Cash Flow
-$31,381/mo
Cash Margin
-896.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.021
LTV Ratio
80.0%18
Vacancy Buffer
0.3 mo10
Risk Index
9.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1939 Altona Road

Time

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Data last updated within the past 24 hours.