
3 Armilia Place, Whitby
Whitby
$1,049,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX OPTIMUM REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 3 Armilia Place, a striking approximately three-year-old detached home showcasing a contemporary exterior elevation and expansive, nearly floor-to-ceiling windows that fill the interior with natural light. Offering approximately 2,360 sq. ft. of thoughtfully designed living space, this impressive residence features four spacious bedrooms and four bathrooms, including two bedrooms with private ensuites-an excellent configuration for growing or multigenerational families.The functional main level provides separate living and dining areas, complemented by a generous great room ideal for relaxing and entertaining. Modern architecture, oversized windows and a bright, open atmosphere create an elevated living experience throughout.Ideally situated in the highly sought-after Whitby Meadows community, the home is close to parks, trails, schools, shopping, dining, groceries, Walmart and Costco. Nearby Baycliffe Park offers a splash pad, playground, fitness area, soccer field and basketball court. Commuters will appreciate convenient access to Highways 401, 407 and 412, along with Ajax GO Station.The Durham District School Board is also developing a new West Whitby public elementary school near Maskell Crescent and Coronation Road, currently scheduled to open in September 2026. Combining contemporary design, abundant natural light, a versatile family-friendly layout and excellent connectivity, this move-in-ready home presents an exceptional opportunity in one of Whitby's fastest-growing communities.
MississaugaInvestor.ca
3 Armilia Place
Detached · 4bd/4ba · ~2,250 sqft
$1,049,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.48%
Monthly Cash Flow
-$3,537/mo
Estimated Rent
$3,500/mo
Cash-on-Cash
-18.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,500 |
| Mortgage | −$4,828 |
| Property Tax | −$935 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$874 |
| Vacancy (5%) | −$175 |
| Cash Flow | -$3,537/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,000 |
| Vacancy (5%) | −$2,100 |
| Property Tax | −$11,224 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,490 |
| Annual NOI | $15,486 |
| Cap Rate | 1.48% |
Cash Required to Close
| Down Payment (20%) | $209,800 |
| Ontario Land Transfer Tax | $17,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $230,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.