1455 Celebration Drive 804, Pickering

$589,900
1455 Celebration Drive 804

$589,900

New
14d
Condo ApartmentApartment

1455 Celebration Drive 804, Pickering

Total Monthly Obligation $3,931

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
14d
Score
16
Yield
6.0%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-E13883246
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$6,231.76 (2025)
Maintenance-$832/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PINNACLE REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30/60/90
Neighbourhood-Bay Ridges
Title-Residential Condo & Other

No agent assigned

WELCOME TO LUXURY HIGH-RISE LIVING WITH UNMATCHED LAKE VIEWS! Rarely offered, this sun-drenched 3-bedroom, 2-bathroom corner suite delivers over 1,000 sq. ft. of sophisticated space anchored by an extra ordinary 339 sq. ft. wrap-around terrace with sweeping southwest vistas of Lake Ontario. Boasting an open-concept layout with a sleek quartz kitchen, a serene primary retreat with a private ensuite, and coveted parking right next to the elevator (optional locker available), this home blends elevated style with ultimate commuter convenience-just steps to the Pickering GO Station, Hwy 401, Pickering Town Centre, and Frenchman's Bay.

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

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,931/mo
Mortgage $2,379
Monthly Loss $3,305
Principal$626
Interest$1,753
Property Tax$519
Condo Fees$832
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.4%16
10-Year IRR
8.1%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$35,352/yr
NOI
$13,201/yr
Net Cash Flow
-$1,279/mo
Cash Margin
-43.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
20.5/ 100

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

Comparables

Properties near 1455 Celebration Drive 804

Time

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Data last updated within the past 24 hours.