1455 Celebration Drive 701, Pickering

$429,900
1455 Celebration Drive 701

$429,900

New
29d
Condo Apartment1 Storey/Apt

1455 Celebration Drive 701, Pickering

Total Monthly Obligation $2,693

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
29d
Score
18
Yield
5.6%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-E13822306
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 24, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$3,891.51 (2026)
Maintenance-$434.98/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Frank Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/TBA
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

Explore the exceptional Universal City Complex, strategically located in the heart of Pickering. This premier residential community offers unparalleled access to essential amenities, including the GO train station, a variety of shopping centers, and an array of dining options, making it an ideal choice for modern living. This meticulously designed 1-bedroom plus den unit exemplifies sophistication and comfort. Boasting impressive 10-foot ceilings, the space is further enhanced by elegant laminate flooring and a private balcony. The unit is equipped with convenient ensuite laundry facilities, stainless steel appliances, and unique upgraded lighting that adds a touch of contemporary flair. The extended kitchen cabinets not only provide additional storage but also contribute to the unit's sleek, modern aesthetic. Situated in close proximity to the outdoor pool, community BBQ area, and well-appointed party room, residents can enjoy a range of social and recreational activities. The complex also offers a comprehensive suite of luxurious amenities, including 24-hour concierge services, a state-of-the-art fitness and yoga center, and guest suites to accommodate visitors comfortably. For added convenience, the unit includes an oversized parking spot located adjacent to the elevator, ensuring easy access and enhanced mobility. Experience the pinnacle of modern living at the Universal City Complex, where style, convenience, and luxury converge seamlessly.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$2,693/mo
Mortgage $1,734
Monthly Loss $2,237
Principal$456
Interest$1,278
Property Tax$324
Condo Fees$435
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,264/yr
NOI
$10,326/yr
Net Cash Flow
-$874/mo
Cash Margin
-43.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.1/ 100

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

Comparables

Properties near 1455 Celebration Drive 701

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.