360 Watson Street W 1103, Whitby

$620,000
360 Watson Street W 1103

$620,000

New
14d
Condo ApartmentApartment

360 Watson Street W 1103, Whitby

Total Monthly Obligation $4,153

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
14d
Score
20
Yield
7.5%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-E13883392
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$4,299.55 (2026)
Maintenance-$1,093.41/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Frank Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Port Whitby
Title-Residential Condo & Other

No agent assigned

Sailwinds...one of Whitby's finest Condominiums by the Lake. Breath taking views of the Lake, Marina, Victoria fields. Carefree condominium living has many benefits. Entertain friends and family in the spacious party room and outdoor patio or join your fellow residents for special social events. Keep fit with the well equipped Exercise Room. The Indoor Pool with west facing windows lets you swim or soak in the Hot Tub no matter what the season. The Sauna is also a welcome component to a healthy lifestyle. The intentionally designed floor plan of approx. 1218 Sq.Ft provides privacy, comfort and beautiful views. You will be impressed with the size of the combined Living and Dining Rooms with access to the Solarium. Foor preparation will be a breeze with this functional eat in Kitchen complete with a pass through to the dining room. The adjacent Laundry room has room for a small Freezer too! Down the Hallway you find an impressive Principal Bedroom retreat with a lovely ensuite Bath, His & Hers closets plus views from the window and Sliding Glass doors to the Solarium. The Second Bedroom could be used for a Guest Room or Home Office with a Sliding Glass door to the Solarium offering sunlight and west views. The second bathroom is on the opposite side of the hallway. Sailwinds is a short walk or drive to shops, restaurants, walking and cycling trails, the Abilities Centre, the Station Art Gallery and the Iroquois Park Sports Complex. Commuters appreciate the nearby Go Train Station and easy access to the #401 Highway at Brock Street. Now is your chance to live, work and play down by the shores of Lake Ontario Lake at Sailwinds Condominiums.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$496,000
Land Transfer Taxes$8,875
Legal Fees (Est.)
$
Total cash required for closing$134,375

Total Monthly Obligation

$4,153/mo
Mortgage $2,501
Monthly Loss $3,495
Principal$658
Interest$1,843
Property Tax$358
Condo Fees$1,093
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.2%44
10-Year IRR
11.8%
Returns Index
22.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$46,464/yr
NOI
$21,997/yr
Net Cash Flow
-$668/mo
Cash Margin
-17.2%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.9/ 100

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

Comparables

Properties near 360 Watson Street W 1103

Time

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