69 Promenade Drive, Whitby

$1,049,999
69 Promenade Drive

$1,049,999

New
19d
Detached2-Storey

69 Promenade Drive, Whitby

Total Monthly Obligation $5,326

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
19d
Score
16
Yield
4.0%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-E13859854
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-37.4 × 88.58 ft
Listed on site-Oct 4, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,585.27 (2026)
Parking-4 - Built-In
Basement-Full
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Taunton North
Title-Residential Freehold

No agent assigned

Stunning 4-bedroom Detached Home in Desirable Taunton North! Enjoy the perfect blend of comfort, privacy and convenience on a premium lot backing onto an open greenfield with mature trees along the rear line. This home features a stone and brick exterior, an open-concept layout, 9-foot main floor ceilings, hardwood floors throughout, a curved hardwood staircase, pot lights, and granite countertops in the kitchen and bathrooms. The south-facing family room, kitchen, and primary bedroom enjoy abundant natural light and open views. An open media loft on the second floor offers an ideal space for a home office or entertainment area. Ideally located just a 5 minute walk to Whitby's vibrant commercial hub, with shopping, banks, grocery stores, restaurants, bars and more right at your doorstep. Close to Sinclair Secondary School, parks, community center and arena. Convenient access to Highways 401, 412, and 407. Tenant will move out at the end of October.

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

Closing Costs

Mortgage Amount
$839,999
Land Transfer Taxes$17,475
Legal Fees (Est.)
$
Total cash required for closing$228,975

Total Monthly Obligation

$5,326/mo
Mortgage $4,235
Monthly Loss $4,211
Principal$1,115
Interest$3,121
Property Tax$715
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.2/ 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
$41,580/yr
NOI
$24,337/yr
Net Cash Flow
-$2,207/mo
Cash Margin
-63.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.9/ 100

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

Comparables

Properties near 69 Promenade Drive

Time

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