16 Cody Avenue, Whitby

$999,900
16 Cody Avenue

$999,900

New
24d
DetachedBungalow-Raised

16 Cody Avenue, Whitby

Total Monthly Obligation $5,044

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
24d
Score
16
Yield
3.8%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-E13841418
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40.02 × 114.83 ft
Listed on site-Sep 29, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$7,633.3 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-TANYA TIERNEY TEAM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Rec Room
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-60-90 Days/TBA
Neighbourhood-Brooklin
Title-Residential Freehold

No agent assigned

Stunning 3+1 bedroom Meadowcrest Model by Melody Homes, offering approximately 2,800+ sqft of total living space! This all-brick family home features a bright and inviting foyer with soaring 11-ft ceilings leading to the sun-filled formal living and dining rooms, both finished with gleaming hardwood floors, including stairs with wrought iron spindles. The open-concept design continues into the updated (2024) kitchen, featuring a stylish custom backsplash, abundant counter and cabinet space, ceramic floors, and a generous breakfast area with walk-out to the fully fenced backyard-complete with lush gardens and a handy storage shed.The fully finished basement provides plenty of room to grow, showcasing large above-grade windows, pot lighting, a cozy gas fireplace, a 2-pc bath, games room with recently re-covered pool table, playroom, office with French doors, and ample storage space.Upstairs, the spacious primary retreat offers a spa-like 4-pc ensuite with soaker tub and his-and-hers closets. The updated main bath includes heated floors for added comfort. Pride of ownership is evident throughout! Ideally located steps from top-rated schools, parks, downtown Brooklin shops, and offering quick 407/412 access for easy commuting!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$5,044/mo
Mortgage $4,033
Monthly Loss $3,983
Principal$1,061
Interest$2,972
Property Tax$636
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%15
10-Year IRR
7.6%
Returns Index
8.7/ 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
$38,400/yr
NOI
$22,427/yr
Net Cash Flow
-$2,164/mo
Cash Margin
-67.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.3/ 100

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

Comparables

Properties near 16 Cody Avenue

Time

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