119 & 121 Lupin Drive

Introducing an exceptional investment opportunity: a Multi-Family Home for sale in Whitby , located at 119 121 Lupin Drive, Whitby. This remarkable property comprises two fully finished legal accessory apartment homes, each designed to offer both comfort and functionality. With a total of six bedrooms, four bathrooms, and two kitchens, this property is ideal for investors or those looking to accommodate extended family members.

The property, situated in the vibrant Downtown Whitby community, features a bungalow-style multiplex building with an attractive exterior of brick and vinyl siding. Each of the two homes boasts three bedrooms and two full bathrooms, making them well-suited for families or individuals seeking ample living space. The thoughtful design of the interiors includes bright main-floor living areas and fully finished basements, which feature family rooms and eat-in kitchens. The above-grade windows in the basements allow for an abundance of natural light, creating a welcoming atmosphere that is perfect for gatherings or quiet relaxation.

The Multi-Family Home for sale in Whitby is not only about the living spaces; it also offers practical features that enhance its appeal. Each unit is equipped with central air conditioning, ensuring a comfortable environment throughout the year. The property does not include a fireplace or a central vacuum system, but it does provide internet connectivity, allowing residents to stay connected. The heating is provided by a forced air system, and the home is connected to municipal water and sewer services.

The layout of the property includes a total of 12 rooms, with an additional eight rooms that can be utilised for various purposes. The separate entrance to the basement apartment adds to the versatility of the property, making it suitable for extended family living, guests, or even additional rental potential. The absence of a garage space is compensated by the private driveway, which offers parking for up to eight vehicles, providing ample room for residents and visitors alike.

One of the standout features of this Multi-Family Home for sale in Whitby is the private fenced backyard. This outdoor space is perfect for hosting gatherings, engaging in activities, or simply enjoying a moment of tranquillity. The generous lot size of 70 x 112 feet further enhances the outdoor experience, allowing for various landscaping options or recreational activities.

Located at 119 121 Lupin Drive, Whitby, this property is ideally positioned within a well-connected neighbourhood. Residents will benefit from proximity to schools, parks, public transit, grocery stores, and shopping centres, ensuring that all essential amenities are within easy reach. Additionally, the property offers convenient access to major highways, making commuting straightforward for those who travel for work or leisure.

The investment potential of this Multi-Family Home for sale in Whitby is significant. The current rental income is impressive, with the 119 Upper unit generating $1,607.42 plus 60% of utilities, while the 119 Lower unit brings in $1,661.97 all-inclusive. The 121 Upper unit commands a rental price of $2,450 plus 60% of utilities, and the lower level, currently vacant, has the potential to achieve approximately $1,800 per month in rent. This makes the property not only a comfortable living space but also a lucrative investment opportunity.

In summary, 119 121 Lupin Drive, Whitby, presents a rare chance to acquire a Multi-Family Home for sale in Whitby that offers value, space, and long-term potential. Whether you are an astute investor or a family looking to create a harmonious living environment, this property is a must-see. Don't miss out on this unique opportunity to own two complete properties in one purchase, providing both immediate and future benefits.

Downtown Whitby, nestled in the heart of Whitby, Ontario, is a vibrant and charming area that beautifully blends historical character with modern amenities. The streets are lined with an array of quaint shops, delightful cafes, and inviting restaurants, creating a lively atmosphere that encourages exploration and social interaction. The picturesque waterfront along Lake Ontario offers scenic views and recreational opportunities, while well-maintained parks provide green spaces for relaxation and outdoor activities. With its rich heritage, a strong sense of local pride, and a welcoming community spirit, Downtown Whitby is an appealing choice for those seeking a lively yet laid-back lifestyle in a picturesque setting.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, catering to families with children of all ages. Within a short distance, you will find several elementary and secondary schools. Sir William Stephenson Public School and Julie Payette Public School, both offering English and French language programs for grades JK to 8, are just 1.4 km and 0.6 km away, respectively. For secondary education, Anderson Collegiate and Vocational Institute is only 0.9 km from the property, providing a public education for grades 9 to 12. Additionally, there are notable Catholic schools such as St. Theresa Catholic School, which has a commendable rating of 7.8 and is located just 0.8 km away, and All Saints Catholic Secondary School, rated 7.4, situated 3.2 km from the property. Other nearby options include St. John the Evangelist Catholic School and Father Leo J. Austin Catholic Secondary School, which also offer quality education. Overall, the area boasts a diverse range of schooling options, ensuring that your children will have access to quality education close to home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 534 residents, with an average household size of 2.6. The community is relatively mature, with an average age of 41.2 years. Economically, the average household income stands at a robust $126,000, and only 2.8% of the population is classified as low-income. The real estate market reflects this affluence, with an average property price of $665,000. A significant portion of the population is single, accounting for 47.19%, while 43.75% of households include children, indicating a family-friendly environment. The area is diverse, with 24.11% of residents being immigrants. Renters make up 24.39% of the population, although there are no condominiums available in the area. Education levels are high, with 60% of residents holding a college or university degree. However, a notable 29.47% of the population is not participating in the labor force, which may reflect various factors such as retirement or other personal circumstances. Overall, this demographic profile suggests a well-educated, affluent community with a mix of families and single individuals, contributing to a vibrant neighborhood atmosphere.