1582 Kelvinway Lane, Pickering

$1,249,999
1582 Kelvinway Lane

$1,249,999

New
23d
Detached2-Storey

1582 Kelvinway Lane, Pickering

Total Monthly Obligation $6,115

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
23d
Score
15
Yield
3.4%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-E13844164
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-70.83 × 105.69 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,371.43 (2026)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Liverpool
Title-Residential Freehold

No agent assigned

Welcome to 1582 Kelvinway Lane, Pickering! Rare 70' Frontage! With inviting living spaces and a versatile loft, this home offers flexibility and room for your family to grow. Entering the home you'll notice a pristine tiled entry leading to the kitchen and Hardwood flooring elsewhere that adds warmth to the main floor. A formal, bright front family room and formal dining room provide welcoming spaces for everyday living and entertaining. Just off the kitchen, the cozy sunken living room features a wood burning fireplace. Main-floor laundry room with garage access. Upstairs, the primary bedroom features a walk-in closet and a private four-piece ensuite. The second bedroom offers a large walk-in closet, while a third bedroom and renovated four-piece bathroom complete the second floor. A standout feature is the loft level, offering an additional bedroom, a four-piece bathroom and an open area with endless possibilities. Create a teenager's retreat, a children's playroom or a comfortable space for extended family. Fully interlocked driveway, walkway and patio to front, while the backyard has a large deck and pergola perfect for hosting. Enjoy a convenient Pickering location with schools, parks, shopping, restaurants and everyday essentials nearby. Shopping at Pickering Town Centre and convenient access to Highway 401 make errands and commuting easy. A wonderful combination of comfort, flexibility and location!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$999,999
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$6,115/mo
Mortgage $5,042
Monthly Loss $4,788
Principal$1,327
Interest$3,715
Property Tax$698
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.3%12
10-Year IRR
6.9%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$42,240/yr
NOI
$25,145/yr
Net Cash Flow
-$2,947/mo
Cash Margin
-83.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.4/ 100

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

Comparables

Properties near 1582 Kelvinway Lane

Time

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