37 Velvet Drive, Whitby, ON
Rural Whitby, Whitby · MLS® E13839462
About this home
In short
- Stunning Brick & Stucco Townhome In A Desirable Whitby Community.
- Bright & Spacious Open-Concept Layout With Hardwood Flooring Throughout The Main Floor.
- Oak Staircase With Iron Pickets Leads To The Upper Level, Featuring A Spacious Primary Bedroom With 4-Pc Ensuite & Walk-In Closet, Plus Convenient 2nd-Floor Laundry &...
- Excellent Location Close To Hwy 401 & 407, Top-Rated Schools, Parks & Amenities.
- Minutes To Whitby GO, Costco, Walmart, Thermea Spa, Recreation Centres, Gyms, Restaurants & More.
Stunning Brick & Stucco Townhome In A Desirable Whitby Community! Bright & Spacious Open-Concept Layout With Hardwood Flooring Throughout The Main Floor. Modern Kitchen Features Quartz Countertops, Large Centre Island & Breakfast Bar, With Dining Area Walk-Out To Deck. No Sidewalk With Parking For 2 Vehicles In The Driveway. Oak Staircase With Iron Pickets Leads To The Upper Level, Featuring A Spacious Primary Bedroom With 4-Pc Ensuite & Walk-In Closet, Plus Convenient 2nd-Floor Laundry & Large Linen Closet. Excellent Location Close To Hwy 401 & 407, Top-Rated Schools, Parks & Amenities. Brand-New School Opening September 2026 Within Walking Distance. Minutes To Whitby GO, Costco, Walmart, Thermea Spa, Recreation Centres, Gyms, Restaurants & More!
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- E13839462
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 20 × 100 ft
- Cross streets
- Taunton rd/ Coronation ST
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Insulated Concrete Form
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,221 / 2026
- Days on market
- 16
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
hardwood floor · quartz counter · stainless steel appl
broadloom · closet · window
broadloom · closet · window
hardwood floor · combined w/living
broadloom · 4 pc ensuite · large closet
hardwood floor · combined w/dining · overlooks backyard
Listed at $829,000. Going by how homes in Rural Whitby and the wider GTA have actually closed against their asking prices (about 99%, 8 local closings in 90 days), the likely sale price is near $824K, if it sells. A realistic range is $772K to $929K.
Independent value check: $795K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $745K and $833K).
Why $795K. The typical townhouse sold in Rural Whitby over the past year went for about $847K (48 sales). What sets this one apart:
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $824K, from 8 recent closings in this pocket.
The market behind the math:
About 3.4 months of inventory: 9 townhouse homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $474/sqft against an area asking average of $455/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $816K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 3 homes sold on this street over the past two years, plus 2 nearby in Rural Whitby, from 106 closings in Rural Whitby.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $479/sqft; this home lists at $474/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Whitby: $780K in September 2026, down 3% from a year ago, on 255 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Whitby as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $785K | 31 |
| November 2025 | $780K | 24 |
| December 2025 | $760K | 13 |
| February 2026 | $780K | 21 |
| March 2026 | $750K | 32 |
| April 2026 | $793K | 27 |
| May 2026 | $775K | 25 |
| June 2026 | $809K | 24 |
| July 2026 | $749K | 18 |
| August 2026 | $735K | 21 |
| September 2026 | $780K | 19 |
Neighbourhood & location
Rural Whitby, Whitby, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Whitby.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $663,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,667
- Property tax
- $518
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,185
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,055
- Estimated closing costs
- $13,055
Plus your down payment of $165,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $220,017
- Principal paid down
- $81,031
- Interest paid
- $138,986
- Balance remaining
- $582,169
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 9 whole-home leases in Rural Whitby signed at a median of $3,107 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,105. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.