16 Parnell Crescent, Whitby

Price: $945,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13206872

Welcome to Fallingbrook! This bright and spacious 3-bedroom raised bungalow offers over 2,400 sq ft of beautifully maintained living space in one of Whitby's most sought-after family neighbourhoods. Filled with natural light throughout, this home features hardwood flooring, an updated kitchen (2017), a spacious main floor primary bedroom complete with walk-in closet and 3-piece ensuite, plus a functional 4-piece main bathroom.The stunning finished basement offers incredible additional living space with oversized above-grade windows, high ceilings, pot lights, cozy broadloom flooring, and plenty of natural light, making it feel anything but like a basement. Perfect for entertaining, relaxing, or creating a versatile family space.Step outside to your private, serene backyard complete with a gazebo - the perfect setting for quiet evenings outdoors, morning coffee, or family BBQs and entertaining all summer long.Enjoy convenient garage access, lower-level laundry, and numerous updates including roof (2015), furnace (2015), garage door (2013), A/C (2020), washer/dryer (2022), and hot water tank (2024 rental). Patio doors and glazing updated in 2012.Located in the highly desirable Fallingbrook community, close to top-rated schools, parks, shopping, transit, and every amenity your family could need.

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$945,000 - 16 Parnell Crescent, Whitby

Detached for Sale in Whitby

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13206872
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Whitby
Listing Brokerage
REVEL Realty Inc.
Description

Welcome to Fallingbrook! This bright and spacious 3-bedroom raised bungalow offers over 2,400 sq ft of beautifully maintained living space in one of Whitby's most sought-after family neighbourhoods. Filled with natural light throughout, this home features hardwood flooring, an updated kitchen (2017), a spacious main floor primary bedroom complete with walk-in closet and 3-piece ensuite, plus a functional 4-piece main bathroom.The stunning finished basement offers incredible additional living space with oversized above-grade windows, high ceilings, pot lights, cozy broadloom flooring, and plenty of natural light, making it feel anything but like a basement. Perfect for entertaining, relaxing, or creating a versatile family space.Step outside to your private, serene backyard complete with a gazebo - the perfect setting for quiet evenings outdoors, morning coffee, or family BBQs and entertaining all summer long.Enjoy convenient garage access, lower-level laundry, and numerous updates including roof (2015), furnace (2015), garage door (2013), A/C (2020), washer/dryer (2022), and hot water tank (2024 rental). Patio doors and glazing updated in 2012.Located in the highly desirable Fallingbrook community, close to top-rated schools, parks, shopping, transit, and every amenity your family could need.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,848.34/mo

Includes CMHC insurance ($26,366)

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5%10%50%

5-yr fixed avg.

Principal: $850,500Interest: $577,636
Mortgage Amount$876,866
Total Interest$577,636
Est. Property Tax$669/mo
Total Cost$1,454,502

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Whitby

Discover Whitby

Whitby is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Whitby

  • Convenient location in Whitby
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Whitby offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

16 Parnell Crescent, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$669
Insurance (est.)-$197
Net Cash Flow+$2,734

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $859/sqft, this property is priced in line with current Whitby market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Whitby are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Whitby.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Whitby properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,938 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    16 Parnell Crescent, Whitby — $945,000 | Battaglia Team