338 Lyndeview Drive, Whitby

Price: $1,199,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13154520

Tucked away in one of Whitby's most prestigious and established neighbourhood, this stately residence is set on an exceptional 100 x 230 foot lot backing onto a tranquil ravine and Lynde Creek. Surrounded by mature trees and the soothing sounds of nature, the backyard offers a rare sense of privacy and serenity, complete with an inground concrete pool and expansive outdoor space ideal for quiet relaxation or entertaining. Built in 1959 and offered in mainly original condition, this distinguished home has been meticulously cared for and maintained by its current owner throughout the years. Rich in character and timeless charm, it presents an outstanding opportunity for those with a designer's vision to elevate the home to contemporary standards while preserving its classic elegance. The main floor features a gracious formal living room with walkout to the deck overlooking the natural setting, as well as a separate dining room with beautiful built-in cabinetry. Upstairs, you will find four spacious bedrooms including a generous principal retreat with dressing room area and two-piece ensuite. Recent updates include roof shingles (2022) and furnace and central air conditioning (2021). A rare offering in a premium location where properties of this calibre and setting seldom become available. Some Photos Are Virtually Staged.

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$1,199,000 - 338 Lyndeview Drive, Whitby

Detached for Sale in Whitby

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13154520
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Whitby
Listing Brokerage
Royal LePage Frank Real Estate
Description

Tucked away in one of Whitby's most prestigious and established neighbourhood, this stately residence is set on an exceptional 100 x 230 foot lot backing onto a tranquil ravine and Lynde Creek. Surrounded by mature trees and the soothing sounds of nature, the backyard offers a rare sense of privacy and serenity, complete with an inground concrete pool and expansive outdoor space ideal for quiet relaxation or entertaining. Built in 1959 and offered in mainly original condition, this distinguished home has been meticulously cared for and maintained by its current owner throughout the years. Rich in character and timeless charm, it presents an outstanding opportunity for those with a designer's vision to elevate the home to contemporary standards while preserving its classic elegance. The main floor features a gracious formal living room with walkout to the deck overlooking the natural setting, as well as a separate dining room with beautiful built-in cabinetry. Upstairs, you will find four spacious bedrooms including a generous principal retreat with dressing room area and two-piece ensuite. Recent updates include roof shingles (2022) and furnace and central air conditioning (2021). A rare offering in a premium location where properties of this calibre and setting seldom become available. Some Photos Are Virtually Staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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

338 Lyndeview Drive, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,101

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

Competitive Pricing

At $799/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 25 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Whitby. Good resale value as demand remains consistent.

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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    338 Lyndeview Drive, Whitby — $1,199,000 | Battaglia Team