1455 Celebration Drive 1601, Pickering

$425,000
1455 Celebration Drive 1601

$425,000

New
16d
Condo ApartmentApartment

1455 Celebration Drive 1601, Pickering

Total Monthly Obligation $2,757

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
16d
Score
18
Yield
5.7%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-E13874574
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,904.88 (2026)
Maintenance-$517/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX HALLMARK FRASER GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Other
Foundation-Concrete
Possession-Flexible
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

A well-considered home for a life in motion. Set on the 16th floor of Universal City Two, this 1-bedroom + den home offers a smart, flexible layout, owned parking and a locker. The separate den creates valuable room to work, study or simply keep daily life organized, while the open-concept living space makes the most of every square foot. Beyond the home, the building delivers the amenities that matter, including an outdoor pool and terrace, fitness facilities, party and recreation spaces, BBQ areas, a dog park and more. And then there's the location. Pickering GO is a short walk away, putting downtown Toronto within easy reach, while Pickering's waterfront, shopping, dining and everyday essentials are all close to home. This home brings together flexibility, connectivity and convenience in one of Pickering's evolving urban communities, with parking and storage already handled. A clear choice for first-time buyers, professionals, downsizers or investors looking for a home that works equally well for today and what comes next.

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Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,757/mo
Mortgage $1,714
Monthly Loss $2,306
Principal$451
Interest$1,263
Property Tax$325
Condo Fees$517
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.3%15
10-Year IRR
7.9%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,264/yr
NOI
$9,329/yr
Net Cash Flow
-$937/mo
Cash Margin
-46.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
27.4/ 100

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

Comparables

Properties near 1455 Celebration Drive 1601

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.