$888,000 - 37 Prospect Way, Whitby
Townhouse for Sale in Whitby
New — Listed 2 days ago- MLS Number
- E13414240
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 2
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Whitby
- Listing Brokerage
- ZOLO REALTY
Rare opportunity in Pringle Creek: a freehold corner-unit townhouse with a modest POTL fee and a fully self-contained 2-bedroom in-law suite - the kind of dual-living flexibility you almost never find at this price point. The corner position feels like semi-detached: extra windows, better light, more privacy, and genuine street presence - without the semi-detached premium. Just 8 years old, freshly painted, with a brand-new 2026 stainless steel fridge and stove. Move in, nothing to update. Main floor flows from an open great room with walk-out to the fenced yard, into a separate dining room with picture window, and a granite kitchen with breakfast area and built-in dishwasher. Powder room completes the level. Upstairs: 4 bedrooms, including a primary retreat with 5-piece ensuite, walk-in closet, and Juliet balcony (the second bedroom has one too). Two full baths plus upper-level laundry - a genuine convenience families notice every day. The lower level is the differentiator: a complete 2-bed, 1-bath suite with its own private entrance through the garage. Kitchenette with induction cooktop, microwave-hood, dedicated fridge, and its own 2-in-1 washer-dryer. Furnished with queen bed, mattress, all light fixtures and window coverings - truly turn-key for extended family, or a tenant. Previously leased at $1,750/month - roughly $21,000/year in gross rental income to offset your carrying costs (current market rate to be verified by buyer).Outside: fully fenced yard with new 2023 fencing. Location wins too: C.E. Broughton Public School is a 3-minute walk (300m). Parks, library, transit, and Highways 401/407 all close by. Vacant
Estimate your monthly payments for this property
Estimated Payment
$4,555.90/mo
Includes CMHC insurance ($24,775)
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.
37 Prospect Way, 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 $592/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Whitby's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Whitby have shown strong appreciation as families seek more space.
Excellent Flexibility
With 6 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 $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.