340 Watson Street W 715, Whitby

$525,000
340 Watson Street W 715

$525,000

New
29d
Condo ApartmentApartment

340 Watson Street W 715, Whitby

Total Monthly Obligation $3,508

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
29d
Score
17
Yield
5.9%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Condo Apartment
MLS® Number-E13823058
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,133.65 (2026)
Maintenance-$845.78/mo
Locker-Owned
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-Re/Max Hallmark First Group Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flex
Neighbourhood-Port Whitby
Title-Residential Condo & Other

No agent assigned

Enjoy easy waterfront living at the prestigious Yacht Club Condos in Port Whitby, where a thoughtful floorplan conversion has transformed the original 1-bedroom plus den into a bright, spacious layout with an oversized kitchen and generous eating area-ideal for everyday living and entertaining. The light-filled great room features large windows overlooking unobstructed park views, while the beautifully designed kitchen offers cork flooring, quartz countertops, a wine rack, abundant storage and pantry space, plus a built-in desk and shelving. The spacious bedroom is a peaceful retreat with floor-to-ceiling windows, a double closet, and a walkout to a private balcony with beautiful sunset views. Enjoy the convenience of ensuite laundry, one parking space, and an extra-large storage locker, with maintenance fees including heat, hydro, water, high-speed internet, and cable for truly carefree living. Residents enjoy exceptional resort-style amenities, including an indoor pool, hot tub, sauna, fitness centre, party room, visitor parking, security, and a stunning rooftop terrace with BBQs and a fireplace area. Ideally located just minutes to the Whitby GO Station, Highway 401, Ability Centre, shopping, Whitby Yacht Club, and picturesque waterfront trails.

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

Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,508/mo
Mortgage $2,118
Monthly Loss $2,951
Principal$557
Interest$1,560
Property Tax$344
Condo Fees$846
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
6.2%15
10-Year IRR
7.9%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$31,116/yr
NOI
$11,321/yr
Net Cash Flow
-$1,174/mo
Cash Margin
-45.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.4/ 100

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

Comparables

Properties near 340 Watson Street W 715

Time

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