340 Watson Street Unit 916, Whitby

Price: $512,800

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13159574

Waterfront Lifestyle Condo Steps to Whitby Harbour. Imaging Yourself WalkUp Smelling Fresh Air By The Water. Rarely Offers A Beautiful Well Maintained 2-Full-Bedroom Home w/East+North View That Bring In Natural Lights. Well-Sized Primary w/Upgraded Organizers + Ensuite Access. Cozy 2nd Bedroom with North View That Look Over The Park. Functional Kitchen Space w/Eat-In Countertop. On The Top, *Worry-Free All-Inclusive Common Element Fees Covering All Utilities Plus Bonus of Cables For TV & Internet.* All-Purpose Amenities, Indoor Pool, Hot Tub, Sauna, Gym. Roof-Top Garden w/Restful Fireplace, Dining Area, BBQ Accessible Overlooking Park & Harbour Waterfront, Amazing Cottage-Like View. Mins to Shops, Easy Access to GO/Highways and Closer to Almost Everything You Need. You Don't Wanna Miss This Gem.

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$512,800 - 340 Watson Street Unit 916, Whitby

Condo for Sale in Whitby

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13159574
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Whitby
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Waterfront Lifestyle Condo Steps to Whitby Harbour. Imaging Yourself WalkUp Smelling Fresh Air By The Water. Rarely Offers A Beautiful Well Maintained 2-Full-Bedroom Home w/East+North View That Bring In Natural Lights. Well-Sized Primary w/Upgraded Organizers + Ensuite Access. Cozy 2nd Bedroom with North View That Look Over The Park. Functional Kitchen Space w/Eat-In Countertop. On The Top, *Worry-Free All-Inclusive Common Element Fees Covering All Utilities Plus Bonus of Cables For TV & Internet.* All-Purpose Amenities, Indoor Pool, Hot Tub, Sauna, Gym. Roof-Top Garden w/Restful Fireplace, Dining Area, BBQ Accessible Overlooking Park & Harbour Waterfront, Amazing Cottage-Like View. Mins to Shops, Easy Access to GO/Highways and Closer to Almost Everything You Need. You Don't Wanna Miss This Gem.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,630.93/mo

Includes CMHC insurance ($14,307)

$
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5%10%50%

5-yr fixed avg.

Principal: $461,520Interest: $313,452
Mortgage Amount$475,827
Total Interest$313,452
Est. Property Tax$363/mo
Total Cost$789,279

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

340 Watson Street Unit 916, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$363
Insurance (est.)-$107
Net Cash Flow+$1,275

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 $733/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 26 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,137 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    340 Watson Street Unit 916, Whitby | $512,800 | Battaglia Team