1612 CHARLES Street 138, Whitby

$399,000
1612 CHARLES Street 138

$399,000

New
4d
Condo Townhouse2-Storey

1612 CHARLES Street 138, Whitby

Total Monthly Obligation $2,835

Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
4d
Score
16
Yield
5.6%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.8%
Property Type-Condo Townhouse
MLS® Number-E14093096
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,534.57 (2026)
Maintenance-$647.83/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Port Whitby
Title-Residential Condo & Other

No agent assigned

SMART building with One Valet Application, Awesome 2-STOREY LAKESIDE LUXURY AT THE LANDING IN PORT WHITBY! Discover this stunning 2-year-new, move-in-ready condo, offering modern elegance, comfort, and unbeatable waterfront lifestyle! This unique townhome condo unit features 695 sq. ft. of bright, beautifully designed living space, floor-to-ceiling windows, premium laminate flooring, and a stylish open-concept layout. Enjoy a 142 sqft. private walk-out patio, perfect for entertaining, relaxing, and easy access for pet owners! The modern kitchen boasts quartz countertops, custom cabinetry, backsplash, and stainless steel appliances. Upgraded bathroom with glass walk-in shower. PARKING & LOCKERINCLUDED! Enjoy exceptional amenities including a fitness centre, yoga studio, party lounge, BBQ terrace, guest suite, dog wash, and bike wash station. PRIME LOCATION! Steps to Whitby GO, water front trails, marina, parks, restaurants, and shopping. Minutes to Hwys 401/407/412. BONUS:MAINTENANCE FEES INCLUDE HIGH-SPEED INTERNET! An incredible opportunity for first-time buyers, professionals, and downsizers. EXCEPTIONALLY WELL-PRICED FOR A QUICK SALE!**Photos are virtually staged**

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,835/mo
Mortgage $1,609
Monthly Loss $2,412
Principal$424
Interest$1,186
Property Tax$378
Condo Fees$648
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.3%0
5-Year IRR
3.3%7
10-Year IRR
5.8%
Returns Index
4.6/ 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
$22,296/yr
NOI
$5,358/yr
Net Cash Flow
-$1,163/mo
Cash Margin
-62.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
26.2/ 100

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

Comparables

Properties near 1612 CHARLES Street 138

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.