1121 Centre Street
Downtown Whitby / Whitby, ON L1N 4X7
About This Property
1121 Centre Street South presents the opportunity to acquire a well-maintained purpose-built triplex situated on a spacious 5,800 square foot corner lot in the heart of south Whitby, just minutes from Highway 401, the Whitby GO Station, and downtown Whitby. The Property comprises three spacious 2-bedroom, 1-bathroom suites and benefits from a large paved parking area accommodating approximately six to eight vehicles-an uncommon amenity for a multi-residential asset of this size in Durham Region.The building has been consistently maintained and improved over the years, offering investors a true turnkey opportunity. Capital improvements include an asphalt shingle roof replaced in 2015, newer windows installed in the upper and lower suites, and ongoing renovations to kitchens, bathrooms, flooring, and interior finishes as suites have turned over. Two of the three units are separately metered for hydro, while the basement suite and common areas share a meter, and coin-operated laundry provides additional ancillary income.Ideally suited for both seasoned investors and first-time multifamily purchasers, 1121 Centre Street South offers a low-maintenance, carefree investment with strong in-place income, quality building systems, and excellent long-term fundamentals in one of Durham Region's most sought-after rental markets.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13547132
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,859
/month · $796,000 mortgage
Amortization
Total Interest
$661,615
Total Cost
$1,457,615
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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