$1,299,900

For sale

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5 Inverlynn Way, Whitby (Lynde Creek) - Single Family for Sale

5 Inverlynn Way, Whitby (Lynde Creek), Ontario, L1N2S6

5 beds3 baths4 parking ft²

↓ $30K (5%) price drop

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Investment analysis

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$1,299,900

Whitby

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Description

Presenting the McGillivray on lot #3. Award Winning builder! 2,701sqft. Downtown Whitby - exclusive gated community. Located within a great neighbourhood and school district on Lynde Creek. Brick & stone - modern design. 10ft Ceilings, Hardwood Floors, Pot Lights, Designer Custom Cabinetry! ELEVATOR!! 2nd floor laundry - Hot Water on demand. Only 14 lots in a secure gated community. DeNoble homes built custom fit and finish. East facing backyard - Sunrise. West facing front yard - Sunsets. Home to be built! Photos from existing model home available for sale! Have the opportunity to customize and build the home of your dreams! (id:66096)

Property Details

MLS®: E13505508
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 33 × 116 ft (3,828 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $429/mo
Fee Includes: Parcel of Tied Land
Ownership: Freehold
Property Tax: $3,037.33/yr
Listed: 127 days ago

Rooms

Ground level

Kitchen: 2.99 x 3.96 meters
Eating area: 3.35 x 3.96 meters
Living room: 5.68 x 3.81 meters

Second level

Primary Bedroom: 3.74 x 6 meters
Bedroom 2: 3.47 x 3.14 meters
Bedroom 3: 4.67 x 3.04 meters
Media: 5.33 x 3.3 meters
Study: 2.56 x 2.59 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

127d

Whitby (Lynde Creek) listings, avg age

54d

Price / ft²

$473

List price

$1.30M

Homes here sell faster than most markets

Sold homes in this market spent an average of 25 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (L1N)

This home lists at $1,299,900, about 13.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $253,916 (20% down, 25-yr amortization, stress-tested) — roughly 154% above the area median.

Median household income: $100,000
Population: 49,649
Median age: 43.6
Owner / renter: 73% / 27%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L1N)

$1,299,900· $473/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,990

Min 8.08%50%

Mortgage payment$6,625/mo

↳ CMHC premium ($47,796 capitalized)

Property tax (est.)$253/mo

Condo fee$429/mo

Total monthly$7,307

Cash Needed to Close

Down payment (8.08%)$104,990

Land transfer tax$22,473

Est. closing costs$6,400

Total cash needed$133,863

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

5 Inverlynn Way, Whitby (Lynde Creek) - Single Family for Sale

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Description

Property Details

Rooms

Features

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Market Timing

Location

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Neighbourhood profile (L1N)

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