340 Watson Street Unit MPH04, Whitby

Price: $750,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13528860

Welcome to the Yacht Club! This exceptional two bedroom suite , situated in the Port Whitby community of Whitby Shores, just steps from Lake Ontario trails, the Whitby Marina, Victoria Fields, home to many events through the year, including Ribfest, Food Truck Frenzy, Fireworks and more! Also at your door is Iroquois Park and the Abilities Centre, Whitby GO train and bus station. The area is known for its vibrant community events & family friendly atmosphere. It offers 9'' ceilings, Crown molding, Engineered Hardwood floors in many spaces, Granite Counters. There are two walks outs to the large balcony, with custom balcony flooring. The Yacht Club Condo offers an abundance of amenities including a library, entertainment/party room with a kitchen and washrooms, 2 fitness centers, a large swimming pool, hot tub, sauna. The roof top patio must be seen and experienced! Complete with lounge seating, tables and chairs and communal BBQ's, an ideal space to relax or entertain, or simply take in the stunning 360-degree views! Condo fees offer exceptional value, covering hydro, water, heat, central air conditioning, and CABLE.

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New Listing
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$750,000 - 340 Watson Street Unit MPH04, Whitby

Condo for Sale in Whitby

New — Listed yesterday

Neighbourhood: Port Whitby

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13528860
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Whitby
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Welcome to the Yacht Club! This exceptional two bedroom suite , situated in the Port Whitby community of Whitby Shores, just steps from Lake Ontario trails, the Whitby Marina, Victoria Fields, home to many events through the year, including Ribfest, Food Truck Frenzy, Fireworks and more! Also at your door is Iroquois Park and the Abilities Centre, Whitby GO train and bus station. The area is known for its vibrant community events & family friendly atmosphere. It offers 9'' ceilings, Crown molding, Engineered Hardwood floors in many spaces, Granite Counters. There are two walks outs to the large balcony, with custom balcony flooring. The Yacht Club Condo offers an abundance of amenities including a library, entertainment/party room with a kitchen and washrooms, 2 fitness centers, a large swimming pool, hot tub, sauna. The roof top patio must be seen and experienced! Complete with lounge seating, tables and chairs and communal BBQ's, an ideal space to relax or entertain, or simply take in the stunning 360-degree views! Condo fees offer exceptional value, covering hydro, water, heat, central air conditioning, and CABLE.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.89/mo

Includes CMHC insurance ($20,925)

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5-yr fixed avg.

Principal: $675,000Interest: $458,442
Mortgage Amount$695,925
Total Interest$458,442
Est. Property Tax$531/mo
Total Cost$1,154,367

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

340 Watson Street Unit MPH04, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,023

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 $750/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.

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.

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.

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 $3,125 (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 MPH04, Whitby | $750,000 | Battaglia Team