1400 N The Esplanade Drive N 621, Pickering

$599,000
1400 N The Esplanade Drive N 621

$599,000

Price Change
19d
Condo Townhouse3-Storey

1400 N The Esplanade Drive N 621, Pickering

Total Monthly Obligation $3,870

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
19d
Score
21
Yield
7.3%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.1%
Property Type-Condo Townhouse
MLS® Number-E13859978
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 4, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$3,878.13 (2026)
Maintenance-$930.42/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room, Family Room
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Town Centre
Title-Residential Condo & Other

No agent assigned

**1800 SQ. FT. OF UPDATED LIVING SPACE!** Welcome to this spacious 3-bedroom, 3-bath townhome in Pickering's sought-after, gated Tridel community. Enjoy an open-concept living/dining area with gas fireplace, updated kitchen, new hardwood and ceramic flooring. The second level offers two bedrooms, a full bath, and private terrace/ Retreat to the impressive primary suite featuring a second gas fireplace, massive walk-in closet, and upgraded ensuite with soaker tub and separate glass shower. Extras include in-suite laundry, owned oversized locker, owned hot water tank, and prime underground parking directly in front of the entrance. **24-hour gatehouse security and an unbeatable location** just steps to Pickering Town Centre, GO Station, parks, and schools. **Space, style, and convenience**

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,870/mo
Mortgage $2,416
Monthly Loss $3,234
Principal$636
Interest$1,780
Property Tax$323
Condo Fees$930
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.4%45
10-Year IRR
11.9%
Returns Index
23.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$21,653/yr
Net Cash Flow
-$612/mo
Cash Margin
-16.9%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
23.2/ 100

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

Comparables

Properties near 1400 N The Esplanade Drive N 621

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.