123 Ardwick Street, Whitby

$767,000
123 Ardwick Street

$767,000

New
21d
Detached2-Storey

123 Ardwick Street, Whitby

Total Monthly Obligation $3,973

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
21d
Score
21
Yield
5.7%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-E13855850
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-57.88 × 106.26 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,048 (2025)
Parking-4 - Built-In
Basement-None
Heating-Baseboard (Electric)
Brokerage-REVEL Realty Inc.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Living Room
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Blue Grass Meadows
Title-Residential Freehold

No agent assigned

Welcome to one of the most exciting opportunities in Bluegrass Meadows. Offering over 2,000 square feet of living space with a double garage and an impressive mature lot, this is the kind of property that is increasingly hard to find at this price point. Offered for sale for the first time, the home was built and lovingly maintained by its original owner, with a focus on solid construction, extra wall thickness for better insulation and energy efficiency, as well as long term functionality. The unique layout offers tremendous flexibility for growing families, multi-generational living or buyers looking to create two living spaces. The ground level features its own separate entrance, bathroom, bedroom, and galley kitchen, creating an excellent foundation for an independent living area. Upstairs offers generous living space, large west facing windows, three bedrooms and the ability to function as its own complete level. The fully functional laundry set-up can also be relocated, further enhancing the possibilities. Whether you enjoy it as a single family home, an inlaw suite or two self contained units, this layout gives you options not found in every home. Buyers to independently verify zoning, permits and feasibility for any secondary unit or conversion. Outside the property impresses with a large yard, mature tree line, and a quiet residential street - offering privacy and an outdoor retreat. Additional features: extra deep, fully insulated garage, a high-efficiency gas fireplace, wood burning stove, extra wall thickness throughout for maximum insulation and energy efficiency, 2026 owned hotwater heater, 2016 roof. Appliances for both kitchens included. Close to shopping, major highways, transit and GO train. Enjoy it as is or adapt the versatile layout to your needs.

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

Closing Costs

Mortgage Amount
$613,600
Land Transfer Taxes$11,815
Legal Fees (Est.)
$
Total cash required for closing$166,715

Total Monthly Obligation

$3,973/mo
Mortgage $3,094
Monthly Loss $3,159
Principal$814
Interest$2,280
Property Tax$504
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
11.8%48
10-Year IRR
12.0%
Returns Index
25.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$43,920/yr
NOI
$28,980/yr
Net Cash Flow
-$679/mo
Cash Margin
-18.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
23.3/ 100

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

Comparables

Properties near 123 Ardwick Street

Time

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Data last updated within the past 24 hours.