Listing Image
1 / 1
New2 days ago

114 Keith Street

Downtown Whitby, Whitby

$1,099,000

Detached|2-Storey
0 | 0 | 6
About this home

Exceptional development and investment opportunity in central Whitby on a generous 7,376 sq. ft. lot featuring 73.8 ft. frontage under R3 zoning! This project is designed for a purpose-built semi-detached dwelling that offers tremendous income-generating or multi-generational living potential, with each house containing a total of 10 bedrooms. The property is currently in process for final approval with the Town of Whitby, saving the purchaser substantial time, carrying costs, and preliminary planning work, and the full site plan is attached for review. To assist qualified purchasers, a Vendor Take-Back (VTB) mortgage is available with attractive terms to streamline construction financing. The future home is also eligible to be built under the Tarion New Home Warranty Program, maximizing buyer peace of mind and resale value. The well-conceived layout delivers approximately 6,510 sq. ft. of total usable space across both mirror-image units. Each semi-detached home is designed with an independent finished basement suite containing 3 bedrooms, 2 washrooms, a full kitchen, and living/dining space. The main ground level offers primary living quarters with 3 bedrooms, 1 washroom, a kitchen, living/dining area with a walkout to a raised deck, and a private built-in single garage. The second-floor suite features 4 generous bedrooms, 1 washroom, a dedicated kitchen, an open living/dining room, and a walkout to a private upper balcony. The complete architectural package conforms to Whitby zoning setbacks and building height guidelines. Whether building to hold for long-term rental cash flow or constructing to sell as high-demand semi-detached units, this site offers prime connectivity to downtown Whitby amenities, transit, and major routes.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$5,032
Lot Size73.41 ft x 100.32 ft
mls© NumberE14097600
Listed ByRE/MAX ACE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$419
Heat allowance
$150
Housing costs
$6,195 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $219,800
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.