1880 Valley Farm Road TPH29, Pickering

$1,150,000
1880 Valley Farm Road TPH29

$1,150,000

Sold Conditional Escape
25d
Condo ApartmentApartment

1880 Valley Farm Road TPH29, Pickering

Total Monthly Obligation $6,996

Bed+Den
3+1
Baths
2
Park
2
Sqft
1600-1799
DOM
25d
Score
14
Yield
4.7%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Condo Apartment
MLS® Number-E13837506
Bed+Den-3+1
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$7,034 (2026)
Maintenance-$1,571.28/mo
Locker-Ensuite+Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RARE REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Concrete
Possession-30
Neighbourhood-Town Centre
Title-Residential Condo & Other

No agent assigned

Dear down-sizers, your next chapter starts here. 1,711 sq ft with room for everything you love, without compromise. Introducing Terrace Penthouse 29 at Discovery Place. One of few terrace suites in the entire complex, this exceptional residence offers of generous living space, 9 ft ceilings, a rare private terrace spanning over ~220 sq ft and resort-inspired amenities. Packaged within a close-knit community with attentive property management that make it easy to settle in and feel at home. Two side-by-side parking spaces conveniently located beside the elevator and a double-size locker add everyday ease and valuable storage. The spacious two-bedroom-plus-den layout brings comfort and flexibility to everyday living. Large windows frame sweeping neighbourhood and treetop views, while a fireplace, crown moulding and warm hardwood floors lend character to the principal rooms. Enjoy a dedicated dining area for entertaining, a bright kitchen enclosed with atrium glass windows - immense potential for this space!! Stainless-steel appliances, and a window-lined breakfast area overlooking the terrace. French doors open to an oversized den, ideal as a family/ TV room, home office, or reading retreat. Set apart from the entertaining areas, the primary bedroom features generous closet space (walk-in) and an ensuite with double sinks, a soaking tub and separate shower. Beyond your door, Discovery Place offers award-winning gardens, indoor and outdoor pools, Pickleball courts, a fitness room, billiards, guest suites and 24-hour gatehouse security. Adjacent to Diana Princess of Wales Park, summer farmers market and walking distance to Pickering Town Centre. convenient access to Pickering GO and Highway 401. A rare opportunity to enjoy spacious condominium living with an outdoor retreat of your own.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$920,000
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$6,996/mo
Mortgage $4,639
Monthly Loss $5,776
Principal$1,221
Interest$3,418
Property Tax$586
Condo Fees$1,571
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.5%10
10-Year IRR
6.6%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$53,616/yr
NOI
$19,965/yr
Net Cash Flow
-$2,975/mo
Cash Margin
-66.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.2/ 100

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

Comparables

Properties near 1880 Valley Farm Road TPH29

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.

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Data last updated within the past 24 hours.