$1,399,900 - 165 Rivers Edge Place, Whitby
Detached for Sale in Whitby
- MLS Number
- E13148498
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Whitby
- Listing Brokerage
- TANYA TIERNEY TEAM REALTY INC.
Premium Treed Ravine Lot! Prestigious executive home offering unparalleled privacy and resort-style living. This luxurious 4+1 bedroom home showcases manicured perennial gardens, gated access on both sides, and a serene wooded pond - your own private sanctuary! Step inside to a grand cathedral-ceiling foyer and an elegant open-concept main floor appointed with rich hardwood, pot lights, wrought-iron staircase, and 9 ft ceilings. Entertain in the sophisticated formal living and dining rooms with coffered ceiling, or relax in the refined family room featuring a custom gas fireplace. The gourmet chef's kitchen impresses with quartz counters, ceramic backsplash, centre island with breakfast bar, pantry, and dedicated servery with walk-out to the tranquil backyard oasis. Main floor laundry offers granite counters, sink and garage access. The upper level boasts four generous bedrooms - each with it's own ensuite. The lavish primary retreat offers coffered ceiling, his & hers walk-in closets with organizers, and a spa-inspired 5-pc ensuite with a deep soaker tub. The fully finished lower level provides exceptional versatility showcasing a bright in-law suite complete with above-grade windows, full kitchen, large rec room with built-ins and surround-sound wiring, 5th bedroom, dining area and 3-pc bath. Nestled steps from top schools, parks, trails, major retailers, and highway access - this is luxury living at it's finest!
Estimate your monthly payments for this property
Estimated Payment
$6,192.23/mo
5-yr fixed avg.
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.
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
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.
165 Rivers Edge Place, Whitby
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $560/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 29 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 4 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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.