1967 Parkside Drive, Pickering

$1,149,999
1967 Parkside Drive

$1,149,999

New
2d
Detached2-Storey

1967 Parkside Drive, Pickering

Total Monthly Obligation $5,622

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
2d
Score
16
Yield
4.1%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-E14102926
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-36.4 × 174.83 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,301.59 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SUPREME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Amberlea
Title-Residential Freehold

No agent assigned

Welcome home to this beautifully renovated property in the sought-after Amberlea neighbourhood. This truly turn-key home has been finished top to bottom with tasteful, high-quality upgrades with no detail overlooked. The stunning kitchen features extended height cabinetry with crown moulding, quartz countertops, gas stove, under cabinet lighting, & island for dining & storage. Luxury vinyl plank flooring runs throughout the entire home, complemented by oak stairs with iron pickets, new solid core doors and trim, and fresh paint from top to bottom giving the home a bright and airy feeling. All bathrooms have been newly updated, and a new gas fireplace (2023) adds warmth and charm to the main living space. All bedrooms contain spacious closets, bright windows, and spacious layouts. Double doors lead to the primary bedroom which features large windows, ensuite bathroom, and a walk in closet with a laundry chute to the main floor laundry room. Open and finished basement below offers opportunity to create a gym, office, additional bedroom, or family room. Major systems are all recently updated, including a brand new roof with warranty, exterior parging, and a new A/C (2023) for year-round comfort. Enjoy outdoor living on the back deck, complete with a gas line for effortless BBQing, all set on an extra-deep 159-174 ft lot with a mature tree and garden. Ample car parking with a spacious double car garage with room for additional storage, and 2 additional driveway spots. Ideally located in a family-friendly neighbourhood within a top-rated public and high school catchment, and just minutes to parks, trails, grocery stores, Pickering GO, and major highways for an easy commute. This is the one you've been waiting for!

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

Closing Costs

Mortgage Amount
$919,999
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$5,622/mo
Mortgage $4,639
Monthly Loss $4,402
Principal$1,221
Interest$3,418
Property Tax$608
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.3/ 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
$47,640/yr
NOI
$31,074/yr
Net Cash Flow
-$2,049/mo
Cash Margin
-51.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.8/ 100

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

Comparables

Properties near 1967 Parkside Drive

Time

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