1655 Palmers Sawmill Road 302, Pickering

$799,500
1655 Palmers Sawmill Road 302

$799,500

New
14d
Condo Townhouse3-Storey

1655 Palmers Sawmill Road 302, Pickering

Total Monthly Obligation $4,168

Beds
4
Baths
3
Park
1
Sqft
1800-1999
DOM
14d
Score
17
Yield
4.6%
Cash on Cash
-6.2%
Cap Rate
3.2%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Townhouse
MLS® Number-E13883914
Beds-4
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Oct 9, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-New
Taxes-$7,200 (2026)
Maintenance-$143.23/mo
Locker-None
Parking-2 - Built-In
Basement-Walk-Out
Heating-Forced Air (Gas)
Brokerage-IQI GLOBAL REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-flexible
Neighbourhood-Duffin Heights
Title-Residential Condo & Other

No agent assigned

NEW, NEVER OCCUPIED, IMMEDIATE MOVE-IN! Exceptional brand-new 3-bedroom, 2.5-bath Traditional Townhome showcasing not 1 but 2 separate living rooms. Stunning engineered hardwood flooring in all living areas and bedrooms. Wide open-concept design filled with natural sunlight, featuring an oversized contemporary kitchen with Caesarstone countertops, stylish detailing, and tall upgraded cabinetry. Main level offers the 1st living room with walk-out to your private backyard-perfect for guests or a home office-along with side-by-side washer and dryer. The 2nd level features a spacious open-concept kitchen, dining area, and 2nd living room opening to a private balcony overlooking your backyard-ideal for entertaining. A powder room adds practicality. Beautiful stained oak staircases matching the engineered hardwood flooring and smooth high ceilings create a polished modern ambiance. Central air conditioning and heating provide year-round comfort, with A/C included in the price. Upstairs, the primary bedroom offers a walk-in closet and elegant ensuite with tall glass-enclosed shower and bright vanity. Two more bedrooms and a full bathroom complete the upper floor. Enjoy a private garage plus driveway space for 2 vehicles, double-upgraded refrigerator, stove, dishwasher, washer and dryer, and automatic garage door opener with wall-mounted controls and remote entry. Covered by full Tarion Warranty for added confidence. Why buy a used home when you can buy brand-new? In the heart of Pickering close to healthcare services, schools, fitness centres, restaurants, financial institutions, popular cafés, and places of worship. Minutes to Hwy 401, Hwy 407, GO Station, marina, and protected natural heritage lands around the community. This family-oriented community offers an ideal balance of modern living, convenience, and access to nature. HST excluded from purchase price. Buyers may qualify for the government New Home HST rebate, subject to applicable eligibility criteria.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$639,600
Land Transfer Taxes$12,465
Legal Fees (Est.)
$
Total cash required for closing$173,865

Total Monthly Obligation

$4,168/mo
Mortgage $3,225
Monthly Loss $3,320
Principal$849
Interest$2,376
Property Tax$600
Condo Fees$143
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$36,600/yr
NOI
$21,621/yr
Net Cash Flow
-$1,423/mo
Cash Margin
-46.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.3/ 100

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

Comparables

Properties near 1655 Palmers Sawmill Road 302

Time

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