432 Prince Of Wales Drive, Whitby
Whitby
$999,900
Cash flow, cap rate & mortgage breakdown
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Listed by Keller Williams Energy Real Estate
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Beautifully maintained 2 storey detached home nestled on a quiet, tree lined street in Whitby's sought after Blue Grass Meadows community. Offering approximately 1,955 sq ft of living space, this 4+2 bedroom, 4 bathroom home sits on an impressive 165 ft deep lot with no neighbours behind, providing exceptional privacy for family living.The bright and functional main level features hardwood flooring throughout the combined living and dining rooms, enhanced by upgraded baseboards, crown moulding, and a beautifully refinished hardwood staircase with wrought iron pickets. The spacious family room is centred around a cozy gas fireplace and walks out to a private backyard retreat complete with two decks, an above ground pool, and beautifully landscaped gardens. The modern kitchen is designed for both everyday living and entertaining, featuring quartz counters, stainless steel appliances, a breakfast bar, and seamless access to the main living areas. A main floor laundry room with garage access and a convenient side entrance completes the level.The finished basement expands the home's versatility with two additional bedrooms, large egress windows, a renovated bathroom, and a rough in for a wet bar, making it ideal for extended family, guests, or future in law potential.Thoughtful updates throughout include upgraded front door, new garage door, new broadloom (2026), owned tankless water heater (approx. 2018), owned furnace (approx. 2018), owned air conditioner (approx. 2018), shingles (approx. 2016), basement egress windows (approx. 2017), and most windows updated over the years.A private double driveway and attached garage provide parking for up to four vehicles. Ideally located close to excellent schools, parks, shopping, public transit, and everyday amenities, with convenient access to Thickson Road, Manning Road, Highways 401 and 412. An exceptional opportunity to own a spacious, move in ready home in one of Whitby's most established family neighbourhoods.
MississaugaInvestor.ca
432 Prince Of Wales Drive
Detached · 6bd/4ba · ~1,750 sqft
$999,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.24%
Monthly Cash Flow
-$1,902/mo
Estimated Rent
$4,895/mo
Cash-on-Cash
-10.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,895 |
| Mortgage | −$4,602 |
| Property Tax | −$892 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$245 |
| Cash Flow | -$1,902/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,740 |
| Vacancy (5%) | −$2,937 |
| Property Tax | −$10,699 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,999 |
| Annual NOI | $32,405 |
| Cap Rate | 3.24% |
Cash Required to Close
| Down Payment (20%) | $199,980 |
| Ontario Land Transfer Tax | $16,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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