1606 Charles Street 1701, Whitby

$585,000
1606 Charles Street 1701

$585,000

Price Change
29d
Condo ApartmentApartment

1606 Charles Street 1701, Whitby

Total Monthly Obligation $3,348

Bed+Den
3+1
Baths
2
Park
2
Sqft
800-899
DOM
29d
Score
18
Yield
5.4%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-E13822082
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$788/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-INTERNATIONAL REALTY FIRM, INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-Immediate
Neighbourhood-Port Whitby
Title-Residential Condo & Other

No agent assigned

Welcome To The Landing Condos. Newly Built 1 Year Old Building Offering Modern Living In The Heart Of Whitby! This Stylish 2-bedroom, 2-bathroom Unit Features A Bright And Airy Open-concept Layout With A Large Private Balcony, Perfect For Enjoying Your Morning Coffee Or Relaxing After A Long Day. The Additional Den Creates The Perfect Work From Home Space Or Extra Dining Space Located Off The Kitchen. Two Generous Sized Bedrooms Features An Ensuite Bath In The Primary Bedroom And Large Windows And Closets In Both Bedrooms. Included Is A Parking Space For 2 Cars And A Locker For Extra Storage Space. Ideally Located Near Hwy 401/407, Whitby Go And Just Minutes From Shopping, Dining, Entertainment, Schools, Parks, And Scenic Waterfront Trails. Residents Have Access To Top-tier Amenities, Including A Fully Equipped Fitness Centre, Yoga Studio, Collaborative Workspaces, A Dog Wash Area, Bike Station, Social Lounge, And An Outdoor Terrace With Bbqs. A Perfect Blend Of Comfort, Convenience, And Community. Don't Miss Your Chance To Call This Beautiful Space, Home And Your Chance To Live At Ease By The Lake.

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

Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,348/mo
Mortgage $2,360
Monthly Loss $2,727
Principal$621
Interest$1,739
Condo Fees$788
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$31,452/yr
NOI
$16,451/yr
Net Cash Flow
-$989/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.1/ 100

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

Comparables

Properties near 1606 Charles Street 1701

Time

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Data last updated within the past 24 hours.