1886 Pine Grove Avenue, Pickering

$999,900
1886 Pine Grove Avenue

$999,900

New
9d
DetachedBungalow

1886 Pine Grove Avenue, Pickering

Total Monthly Obligation $5,125

Beds
2
Baths
2
Park
2
Sqft
1500-2000
DOM
9d
Score
15
Yield
3.2%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-E14030936
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-49.21 × 114.83 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,605.44 (2025)
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-HERITAGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Highbush
Title-Residential Freehold

No agent assigned

Nestled in the highly sought-after Highbush community of Pickering, this beautifully maintained bungalow offers over 1,700 sq. ft. of thoughtfully designed living space, combining comfort, functionality, and timeless appeal. Step inside to discover expansive principal rooms filled with natural light, creating the perfect setting for both everyday living and entertaining. The bright, family-sized kitchen offers plenty of space to cook and relax or entertain. Retreat to the generous primary suite featuring a walk-in closet and a private en-suite, while the spacious second bedroom enjoys the convenience of a semi-ensuite ideal for family or overnight guests. The partially finished basement provides endless possibilities with additional living space, abundant storage, and a cold cellar. A convenient main floor laundry room adds to the home's practical layout. Outside, unwind or entertain on the large deck complete with a built-in wrap-around bench, overlooking the fully fenced backyard, perfect for children, pets, and summer gatherings. Located in one of Pickering's most desirable neighbourhoods, just minutes from Rouge National Urban Park, excellent schools, parks, trails, shopping, transit, and Highway 401, this exceptional bungalow offers the perfect blend of peaceful living and everyday convenience.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$5,125/mo
Mortgage $4,033
Monthly Loss $4,064
Principal$1,061
Interest$2,972
Property Tax$717
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.2%0
5-Year IRR
3.7%8
10-Year IRR
5.8%
Returns Index
5.1/ 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
$31,956/yr
NOI
$15,655/yr
Net Cash Flow
-$2,729/mo
Cash Margin
-102.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
16.7/ 100

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

Comparables

Properties near 1886 Pine Grove Avenue

Time

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