1400 The Esplanade N 602, Pickering

$455,000
1400 The Esplanade N 602

$455,000

New
28d
Condo Townhouse3-Storey

1400 The Esplanade N 602, Pickering

Total Monthly Obligation $3,155

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
28d
Score
31
Yield
9.5%
Cash on Cash
7.4%
Cap Rate
6.2%
5Y IRR
21.5%
10Y IRR
19.6%
Property Type-Condo Townhouse
MLS® Number-E13831030
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 25, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$3,568.43 (2025)
Maintenance-$822.19/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible on closing date
Neighbourhood-Town Centre
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional 3-bedroom, 3-bathroom condo townhouse in one of Pickering's most coveted gated communities. Offering over 1,600 sq. ft. of thoughtfully designed living space across three storeys, this Tridel-built gem delivers the space and feel of a detached home with the ease of condo living. The bright, open-concept main floor features generous principal rooms, gorgeous flooring throughout, and a layout perfect for entertaining or everyday family life. Three well-proportioned bedrooms provide flexibility for families, remote workers, or downsizers who refuse to compromise on space. Enjoy the security and community of a 24-hour gated complex, plus the convenience of underground parking and a warm, friendly neighbourhood

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

Closing Costs

Mortgage Amount
$364,000
Land Transfer Taxes$5,575
Legal Fees (Est.)
$
Total cash required for closing$98,075

Total Monthly Obligation

$3,155/mo
Mortgage $1,835
Monthly Loss $2,672
Principal$483
Interest$1,352
Property Tax$297
Condo Fees$822
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.1%39
Cash-on-Cash
1.3%10
5-Year IRR
17.0%82
10-Year IRR
16.5%
Returns Index
44.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$43,440/yr
NOI
$23,261/yr
Net Cash Flow
$103/mo
Cash Margin
2.8%8
Cash Flow Index
8.1/ 100
Risk Profile
Weight: 20%
DSCR
1.0632
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
33.2/ 100

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

Comparables

Properties near 1400 The Esplanade N 602

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.