37 Velvet Drive, Whitby

$799,999
37 Velvet Drive

$799,999

New
8d
Att/Row/Townhouse2-Storey

37 Velvet Drive, Whitby

Total Monthly Obligation $4,120

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.7%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Att/Row/Townhouse
MLS® Number-E14085402
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 100 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$6,221.21 (2026)
Parking-3 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Insulated Concrete Form
Sewer-Sewer
Possession-IMMEDIATE
Neighbourhood-Rural Whitby
Title-Residential Freehold

No agent assigned

Stunning Brick & Stucco Townhome In A Desirable Whitby Community! Bright & Spacious Open-Concept Layout Featuring Hardwood Flooring Throughout The Main Floor. Modern Kitchen With Quartz Countertops, Large Centre Island & Breakfast Bar, Plus Dining Area With Walk-Out To Deck. No Sidewalk, Allowing Parking For 2 Vehicles In The Driveway. Oak Staircase With Iron Pickets Leads To The Upper Level, Featuring A Spacious Primary Bedroom With 4-Pc Ensuite & Walk-In Closet, Convenient 2nd-Floor Laundry & Large Linen Closet. Excellent Location Close To Hwy 401 & 407, Parks, Schools & Amenities. Brand-New School Opened September 2026 Within Walking Distance. Minutes To Whitby GO, Costco, Walmart, Thermea Spa, Recreation Centres, Gyms, Restaurants & More!

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

Closing Costs

Mortgage Amount
$639,999
Land Transfer Taxes$12,475
Legal Fees (Est.)
$
Total cash required for closing$173,975

Total Monthly Obligation

$4,120/mo
Mortgage $3,227
Monthly Loss $3,271
Principal$849
Interest$2,378
Property Tax$518
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%26
10-Year IRR
9.4%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,440/yr
NOI
$22,975/yr
Net Cash Flow
-$1,312/mo
Cash Margin
-42.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.7/ 100

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

Comparables

Properties near 37 Velvet Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.