45 Queens Road, Whitby

$598,000
45 Queens Road

$598,000

New
14d
DetachedBungalow

45 Queens Road, Whitby

Total Monthly Obligation $3,293

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
14d
Score
20
Yield
5.6%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-E13883776
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-133.13 × 164.14 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,069.14 (2026)
Parking-4 - None
Basement-Development Potential
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Whitby
Title-Residential Freehold

No agent assigned

A rare opportunity for builders, investors, renovators, and custom-home buyers ready to bring their vision to life. Set on an impressive 20,839 sq. ft. lot with approximately 133 feet of frontage and 164 FT depth, the property backs onto a private conservative ravine, mature tree-lined boundaries, and small creek creating a peaceful natural setting with room for children to play, family to gather, and evenings to unwind outdoors - Hydro, natural gas, and municipal water are already connected, giving a valuable head start whether to finish or renovate the existing home or create a larger customed home. A City permit is on hand for a potential home of approximately 5,800 sq. ft. and is transferable to the new owner, subject to verification of transferability and permit conditions with the Town of Whitby. Enjoy bright living spaces, beautiful ravine views, and convenient access to the Hwy. 401 and 412 connection and Whitby GO, approximately three minutes away. A rare property with outstanding potential-bring your vision and make it home. The existing house is being sold as-is, without warranties or representations.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$478,400
Land Transfer Taxes$8,435
Legal Fees (Est.)
$
Total cash required for closing$129,535

Total Monthly Obligation

$3,293/mo
Mortgage $2,412
Monthly Loss $2,658
Principal$635
Interest$1,777
Property Tax$506
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.9%35
10-Year IRR
10.6%
Returns Index
18.4/ 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
$33,372/yr
NOI
$19,466/yr
Net Cash Flow
-$790/mo
Cash Margin
-28.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.2/ 100

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

Comparables

Properties near 45 Queens Road

Time

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