1400 The Esplanade Centre N 305, Pickering

$449,900
1400 The Esplanade Centre N 305

$449,900

New
3d
Condo Townhouse3-Storey

1400 The Esplanade Centre N 305, Pickering

Total Monthly Obligation $3,291

Beds
3
Baths
3
Park
2
Sqft
1600-1799
DOM
3d
Score
27
Yield
9.6%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.1%
Property Type-Condo Townhouse
MLS® Number-E14100486
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$3,998.49 (2026)
Maintenance-$943.1/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-Town Centre
Title-Residential Condo & Other

No agent assigned

Welcome to urban living at its finest, without the expense. Enjoy a fully walkable community close to shopping, transit, medical facilities, parks, and recreation. As the cold weather arrives, you will appreciate that your two parking spaces are underground, with easy elevator access to your home, so you won't have to walk outside. At 1790 square feet, the functional floor plan includes a spacious living room and plenty of counter space for meal prep if you like cooking. The second floor offers a large open space you can use as a den or office, plus two spacious bedrooms. One bedroom has a walkout to the balcony, where you can sit and enjoy your morning coffee. The Primary retreat is on the third floor, and it's massive, with a walk-in closet and a beautiful ensuite bathroom. Bonus: there's also a large sitting area to chill and read a book. Excellent value for a home this size at this price.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$3,291/mo
Mortgage $1,815
Monthly Loss $2,814
Principal$478
Interest$1,337
Property Tax$333
Condo Fees$943
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.4%74
10-Year IRR
15.2%
Returns Index
38.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$42,996/yr
NOI
$20,981/yr
Net Cash Flow
-$66/mo
Cash Margin
-1.9%3
Cash Flow Index
3.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
30.0/ 100

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

Comparables

Properties near 1400 The Esplanade Centre N 305

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.