1600 Charles Street 302, Whitby

$469,000
1600 Charles Street 302

$469,000

New
22d
Condo ApartmentApartment

1600 Charles Street 302, Whitby

Total Monthly Obligation $3,112

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
22d
Score
17
Yield
5.7%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-E13848770
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,580 (2026)
Maintenance-$722.22/mo
Locker-Exclusive
Parking-1 - Underground
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-Flexible
Neighbourhood-Port Whitby
Title-Residential Condo & Other

No agent assigned

Suite 302 at 1600 Charles Street is a bright and updated 1-bedroom plus den, 2-bathroom condo offering over 600 sq. ft. of comfortable living space. Freshly painted and move-in ready, this inviting suite features an open-concept layout with large windows that fill the home with natural light. The versatile den provides the perfect space for a home office, reading area or occasional guest accommodation. The spacious primary bedroom includes an ensuite bathroom, while a convenient powder room is ideal for visitors.Enjoy an unbeatable location just steps from the Whitby GO Station, the Marina, waterfront trails and a variety of shopping and dining options. The suite also includes an underground parking space and a storage locker for added convenience. Residents have access to excellent building amenities, including a rooftop patio, fitness centre and resistance pool, making this a fantastic opportunity to enjoy a low-maintenance lifestyle in one of Whitby's most desirable waterfront communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$3,112/mo
Mortgage $1,892
Monthly Loss $2,615
Principal$498
Interest$1,394
Property Tax$298
Condo Fees$722
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.5%
Returns Index
7.8/ 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
$26,880/yr
NOI
$9,545/yr
Net Cash Flow
-$1,096/mo
Cash Margin
-48.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
24.6/ 100

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

Comparables

Properties near 1600 Charles Street 302

Time

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Data last updated within the past 24 hours.