$2,299,900 - 505 King Street, Whitby
Detached for Sale in Whitby
New — Listed 4 days agoNeighbourhood: Downtown Whitby
- MLS Number
- E13519274
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Whitby
- Listing Brokerage
- RE/MAX Rouge River Realty Ltd.
Amazing location! This exceptional custom home with over 5,000 sq ft of total living space features 4+1 bedrooms, 4 bathrooms, a finished in-law suite, and a detached 2-storey carriage house offering incredible flexibility. The natural stone exterior, cedar shake siding and roof, professionally landscaped grounds, stone walls, and gated entrance create outstanding curb appeal. Enjoy a private backyard oasis complete with irrigation, landscape lighting, a tranquil fountain, and a wood-burning outdoor fireplace. Inside, soaring and tray ceilings, crown moulding, custom wood paneling, solid wood doors, wood-framed windows, designer lighting, hardwood flooring, and a striking herringbone-tiled foyer showcase exceptional craftsmanship. The chef's kitchen features premium Sub-Zero, Wolf, and Cove appliances, marble countertops and backsplash, custom solid wood cabinetry with illuminated glass display cabinets, a large centre island, and a butler's pantry. French doors from the breakfast area open to the beautifully landscaped backyard. The living room features a wood-burning fireplace, while the dining room is perfect for entertaining. The luxurious primary suite offers designer lighting, a spa-inspired ensuite and large walk-in closet. An upper-level fitness room with a built-in sauna creates a private wellness retreat. The lower level includes an in-law suite with a bathroom, kitchenette, laundry, slate flooring and a wood-burning fireplace. The heated and air-conditioned carriage house features vaulted ceilings, a wood-burning fireplace, Saltillo tile, hardwood flooring, and custom wood staircases. Additional highlights include hardwired security with cameras, a full-home generator, multiple laundry areas, a cold room, and countless luxury upgrades. Located in a coveted historic downtown neighbourhood with mature, tree-lined streets, this home offers easy walking to restaurants, shops, and cafés. Ideal for commuters close to the GO Train and Highway 401.
Estimate your monthly payments for this property
Estimated Payment
$10,173.23/mo
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 Downtown Whitby
Downtown 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 Downtown 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
Downtown 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.
505 King Street, 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 $657/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.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 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.