1 / 14

Investment signal

$2,100,000

300 ATHOL STREET

Save this home

Beds

—

Baths

—

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Whitby (Downtown Whitby). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This property has been under the same meticulous ownership for over 50 years. Very clean, well-maintained 8-unit brick & block apartment building located in one of Whitby's most sought-after rental locations. All 2 bedroom units. Long history of stable rents and high occupancy. Rental upside offers the opportunity to increase yield and maximize return on investment. Ample on-site parking. Laundry room in building with coin-operated machines for additional income. The building has benefited from many recent updates, ensuring a turnkey acquisition for the next investor. Properties of this calibre with deep-rooted history and an excellent maintenance record are rarely available on the market. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: Downtown Whitby
Living area: 8,202 square feet
Lot dimensions: 95 x 135.96 FT
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $23,468
Zoning: R5-DT
Photos: 14
MLS#: E13041390
Area: WHITBY_(DOWNTOWN_WHITBY)

Features and systems

Heating

Hot water radiator heatNatural gas

Cooling

None

Negative cash flow ~$2,205/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.30%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,821

Financing

Down payment$420,000

Loan amount$1,680,000

Mortgage$8,512/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$963

Insurance$80

Maintenance$1,750

CapEx reserve$875

Vacancy loss$525

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,512/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.