1606 Charles Street Unit 205, Whitby

Price: $789,900

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13621412

Beautiful 2 bdrs plus Den!! 2 washrooms!! won't last

1606 Charles Street Unit 205 - Condo photo 1 of 17 in Whitby, Ontario
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$789,900 - 1606 Charles Street Unit 205, Whitby

Condo for Sale in Whitby

Neighbourhood: Port Whitby

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13621412
Property Type
Condo
Status
active
Days on Site
25
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Whitby
Locker
Exclusive
Exposure
South
Balcony
Enclosed
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Beautiful 2 bdrs plus Den!! 2 washrooms!! won't last

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,052.60/mo

Includes CMHC insurance ($22,038)

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5-yr fixed avg.

Principal: $710,910Interest: $482,831
Mortgage Amount$732,948
Total Interest$482,831
Est. Property Tax$560/mo
Total Cost$1,215,779

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: Port Whitby

Discover Port Whitby

Port 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 Port 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

Port 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

1606 Charles Street Unit 205, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$560
Insurance (est.)-$165
Net Cash Flow+$1,370

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 $878/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 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.

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 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Port Whitby

I know Port Whitby well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1606 Charles Street Unit 205, Whitby | $789,900 | Battaglia Team