88 Pheasant Ridge Drive, Whitby

$1,474,000
88 Pheasant Ridge Drive

$1,474,000

New
15d
Detached2-Storey

88 Pheasant Ridge Drive, Whitby

Total Monthly Obligation $7,262

Beds
5
Baths
5
Park
2
Sqft
2500-3000
DOM
15d
Score
15
Yield
3.5%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-E13875782
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-34.45 × 103.48 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$11,292.62 (2026)
Parking-4 - Attached
Basement-Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX OPTIMUM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Rural Whitby
Title-Residential Freehold

No agent assigned

Welcome to 88 Pheasant Ridge Drive, beautifully designed 2025-built detached home situated on desirable ravine lot, offering approx 3,700 sq. ft. of living space including walkout basement finished by the builder. This impressive 4+1 bedrm combines modern finishes, generous room sizes, and highly functional layout ideal for growing or multi-generational families.The main floor features soaring 11 ft ceilings, elegant coffered ceiling , pot lights, and striking staircase with metal pickets. The inviting great room is enhanced by a fireplace while the spacious open-concept dining area offers the perfect setting for family gatherings and entertaining. The modern kitchen is equipped with stainless steel appliances, tile flooring, breakfast bar, and impressive 10 ft centre island with a walkout to backyard creating an enhanced sense of space throughout. Second floor features 10 feet ceilings and the spacious primary bedroom offers a walk-in closet and luxurious 5-piece ensuite. The additional bedrooms are thoughtfully designed, including two bedrooms connected by a semi-ensuite and a fourth bedroom featuring its own walk-in closet and private 4-piece ensuite.The finished walkout basement features 9 ft ceilings and provides valuable additional living space with a recreation/living area, electric fireplace, an additional bedroom, and a 4-piece bathroom-perfect for extended family, guests, a home office, or entertainment space.Additional highlights include an attached double-car garage, central air conditioning, gas forced-air heating, and a practical family-friendly layout. Conveniently situated in Rural Whitby near Taunton Road W and Country lane, this exceptional home offers modern comfort, impressive ceiling heights, premium finishes, space, and versatility in one impressive package.Don't forget it's a premium ravine lot with walk-out basement.Proposed Primary School and Playground in the neighbourhood. Home is located in vicinity of Conservation area.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,179,200
Land Transfer Taxes$25,955
Legal Fees (Est.)
$
Total cash required for closing$322,255

Total Monthly Obligation

$7,262/mo
Mortgage $5,946
Monthly Loss $5,697
Principal$1,565
Interest$4,381
Property Tax$941
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%13
10-Year IRR
7.1%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$51,600/yr
NOI
$30,647/yr
Net Cash Flow
-$3,392/mo
Cash Margin
-78.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.3/ 100

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

Comparables

Properties near 88 Pheasant Ridge Drive

Time

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