580 Mary Street E 207, Whitby

$499,000
580 Mary Street E 207

$499,000

New
4d
Condo Apartment2-Storey

580 Mary Street E 207, Whitby

Total Monthly Obligation $2,964

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
4d
Score
67
Yield
10.6%
Cash on Cash
17.4%
Cap Rate
8.3%
5Y IRR
29.8%
10Y IRR
26.8%
Property Type-Condo Apartment
MLS® Number-E14093268
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$2,930.89 (2026)
Maintenance-$507.26/mo
Locker-Ensuite
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Downtown Whitby
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and beautifully updated three-bedroom, two-storey apartment, offering the space and feel of a home with the convenience of apartment living! Freshly painted and move-in ready, this inviting unit features numerous updates completed in November 2025, including new flooring throughout, newly refaced stairs with plank-style treads, and a new stove, refrigerator and dishwasher. The functional kitchen offers plenty of storage and flows into a spacious living area with a walkout to the deck, which has been refreshed with newly refaced deck boards-creating a great outdoor space to relax and unwind. Upstairs, you'll find three generously sized bedrooms and a beautifully renovated bathroom featuring a sleek glass-enclosed shower and illuminated vanity with ample storage. Set in a mature, established Whitby neighbourhood, conveniently located close to downtown Whitby, transit, shopping and everyday amenities. Plenty of visitor parking makes it easy to welcome family and friends, with the option to secure an additional parking space at a minimal additional cost, if needed. A fantastic opportunity for buyers looking for generous living space, modern updates and a convenient Whitby location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,964/mo
Mortgage $2,013
Monthly Loss $2,435
Principal$530
Interest$1,483
Property Tax$244
Condo Fees$507
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
7.2%65
Cash-on-Cash
11.1%57
5-Year IRR
24.9%98
10-Year IRR
23.0%
Returns Index
74.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
67/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$52,764/yr
NOI
$36,070/yr
Net Cash Flow
$993/mo
Cash Margin
22.6%82
Cash Flow Index
82.0/ 100
Risk Profile
Weight: 20%
DSCR
1.4973
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
47.9/ 100

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

Comparables

Properties near 580 Mary Street E 207

Time

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Data last updated within the past 24 hours.