755 Omega Drive 121, Pickering

$527,900
755 Omega Drive 121

$527,900

New
16d
Condo ApartmentStacked Townhouse

755 Omega Drive 121, Pickering

Total Monthly Obligation $3,247

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
16d
Score
20
Yield
6.4%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
12.9%
Property Type-Condo Apartment
MLS® Number-E13876434
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-Stacked Townhouse
Building Type-Condo Apartment
Age-New
Taxes-$5,242.17 (2026)
Maintenance-$480.99/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HARTLAND REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Woodlands
Title-Residential Condo & Other

No agent assigned

ATTENTION FIRST-TIME BUYERS & INVESTORS! Welcome to Central District-modern, stylish and ideally located, this 2-bedroom, 2-bathroom urban townhome offers the perfect blend of comfort, convenience and low-maintenance living. This bungalow-style model features no stairs, making everyday living easy and accessible.The modern kitchen is designed to impress with luxurious quartz countertops, stainless steel appliances and a large storage pantry. The spacious primary suite features generous closet space and a private ensuite bathroom, while the second full bathroom is perfect for family or guests. Step outside to enjoy your large south-facing terrace, ideal for morning coffee, entertaining or simply relaxing outdoors.One underground parking space included. Located in a prime Pickering location on Kingston Road, you're just minutes from schools, shopping, restaurants and everyday amenities. Enjoy quick access to Hwy 401, just 2 minutes away, Pickering GO and Pickering Town Centre within approximately 10 minutes, with Hwy 407 just north.A fantastic opportunity for first-time buyers looking to enter the market or investors seeking a desirable, easy-to-maintain property in a highly convenient location! Photos from previous listing exact same unit..

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$422,320
Land Transfer Taxes$7,033
Legal Fees (Est.)
$
Total cash required for closing$114,113

Total Monthly Obligation

$3,247/mo
Mortgage $2,129
Monthly Loss $2,687
Principal$560
Interest$1,569
Property Tax$437
Condo Fees$481
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,828/yr
NOI
$17,031/yr
Net Cash Flow
-$710/mo
Cash Margin
-25.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.4/ 100

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

Comparables

Properties near 755 Omega Drive 121

Time

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Data last updated within the past 24 hours.