1 / 33

Investment signal

$989,000

1126 BALTIC LANE

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Pickering. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Stunning 4-year-new (2022-built) live-work townhouse in a family-friendly Pickering neighbourhood, featuring a rare ground-floor commercial unit. Offering a total of 2,092 sq. ft., including 1,374 sq. ft. of residential space and 718 sq. ft. of commercial area. Zoned MCC, providing excellent flexibility for a wide range of permitted commercial uses.The residential portion features a separate private entrance and is located on the second level. Bright and open-concept layout with combined living and dining areas and a walkout to a large balcony. Includes an eat-in kitchen, convenient laundry room, 3 spacious bedrooms, a 3-piece ensuite, and a 3-piece main bath. Features include 9-ft ceilings, fireplace, and a combination of broadloom and ceramic/porcelain flooring. The primary and second bedrooms overlook a tranquil ravine.The ground-floor commercial unit offers excellent exposure and visibility and is currently leased to a spa, generating steady rental income. The space includes a powder room and is ideal for retail, office, or medical use.Conveniently located near Hwy 401 & 407, GO Station, public transit, schools, parks, and shopping. Bonus: owned hot water tank-no rental fees. (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Community: Rural Pickering
Common interest: Freehold
Lot dimensions: 19.7 x 99.8 FT ; irregular
Bedrooms: 3 above grade
Parking: 3 total
Stories: 2
Fireplace: 1
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $7,330 (2025)
Zoning: MD-M
Photos: 33
MLS#: E13032404
Area: PICKERING

Features and systems

Parking

Attached GarageGarage

Basement

None

Appliances

WasherRefrigeratorStoveDryerGarage door opener remote(s)Water Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

ShinglesBrick Veneer

Foundation

Concrete

Lot

Irregular lot size

Negative cash flow ~$1,076/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.53%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,083

Financing

Down payment$197,800

Loan amount$791,200

Mortgage$4,009/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$453

Insurance$80

Maintenance$824

CapEx reserve$412

Vacancy loss$248

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,009/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.