1534 Scenic Lane Drive, Pickering

$1,150,000
1534 Scenic Lane Drive

$1,150,000

New
19d
Detached2-Storey

1534 Scenic Lane Drive, Pickering

Total Monthly Obligation $5,745

Beds
6
Baths
4
Park
3
Sqft
2000-2500
DOM
19d
Score
15
Yield
3.4%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-E13860008
Beds-6
Bathrooms-4
Size-2000-2500 sqft
Lot Size-42.73 × 88.61 ft
Listed on site-Oct 4, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$8,772.61 (2026)
Parking-5 - Built-In
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-GLOBAL BRICKS EXECUTIVE HOMES REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick Front
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Duffin Heights
Title-Residential Freehold

No agent assigned

Welcome to this stunning detached home in the highly coveted community of Duffin Heights, Pickering, proudly situated on a rare premium corner lot. This exceptional property features 4 spacious bedrooms plus a den, which can easily be used as a 5th bedroom, along with 4 washrooms. The bright and elegant interior offers a warm, light-filled living space with pot lights, ample storage, California shutters, and stainless-steel appliances. The home also features a 1-bedroom basement apartment with a separate entrance, offering excellent potential for additional living space or rental income. Enjoy an unbeatable location with easy access to Highways 401 and 407, providing a convenient commute to Toronto, Markham, and surrounding areas. Everything you need is close by, including shopping, restaurants, banks, fitness facilities, daycare, schools, parks, places of worship, and other everyday amenities. The Jerry Coughlan Health & Wellness Centre and numerous community amenities are within walking distance. You are also just steps away from school bus pickup, making this an ideal location for families. A fantastic opportunity to own a beautiful home in one of Pickering's most sought-after communities - combining comfort, convenience, space, and an exceptional location.

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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

$5,745/mo
Mortgage $4,639
Monthly Loss $4,524
Principal$1,221
Interest$3,418
Property Tax$731
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.6%0
5-Year IRR
5.0%11
10-Year IRR
6.7%
Returns Index
6.8/ 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
$39,360/yr
NOI
$22,151/yr
Net Cash Flow
-$2,793/mo
Cash Margin
-85.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.8/ 100

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

Comparables

Properties near 1534 Scenic Lane Drive

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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