338 Prince Of Wales Drive, Whitby, ON
Blue Grass Meadows, Whitby · MLS® E13881326
About this home
In short
- Welcome to this beautifully renovated detached residence, perfectly situated on a premium ravine lot in Whitby's sought-after Blue Grass Meadows community.
- At the heart of the home, the newly renovated kitchen impresses with elegant quartz countertops, a striking waterfall island, abundant cabinetry, and quality...
- Upstairs, you will find four generously sized bedrooms, including a serene primary suite complete with a private ensuite bathroom.
- The finished walk-out basement provides versatile extra living space with excellent potential for an in-law suite.
- Outside, the spacious, private backyard serves as a quiet retreat, offering peaceful wooded views and direct gated access to the adjacent trail-ideal for relaxing...
Welcome to this beautifully renovated detached residence, perfectly situated on a premium ravine lot in Whitby's sought-after Blue Grass Meadows community.The main level offers bright, spacious living room and dining room that flow seamlessly into a cozy family room featuring a gas fireplace and direct access to the deck. At the heart of the home, the newly renovated kitchen impresses with elegant quartz countertops, a striking waterfall island, abundant cabinetry, and quality stainless steel appliances.Upstairs, you will find four generously sized bedrooms, including a serene primary suite complete with a private ensuite bathroom. Modern finishes extend throughout the home, with every bathroom having been thoughtfully updated.The finished walk-out basement provides versatile extra living space with excellent potential for an in-law suite. Outside, the spacious, private backyard serves as a quiet retreat, offering peaceful wooded views and direct gated access to the adjacent trail-ideal for relaxing, entertaining, and enjoying nature.A Permanently Installed Whole-home Standby Generator Provides Added Peace of Mind During Power Outages. Conveniently located Near Parks, Schools, Shopping Mall and Public Transit, with Easy Access to Thickson Road and Dundas Street East. Minutes to Highways 401 and407.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13881326
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 69.7 × 82.07 ft
- Cross streets
- Dundas St E. & Thickson Rd.
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Walk-Out, Finished with Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,420 / 2026
- Days on market
- 6
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
Hardwood Floor
Vinyl Floor
hardwood floor · 3 pc ensuite · walk-in closet(s)
hardwood floor · w/o to deck · gas fireplace
Hardwood Floor
stone counters · tile floor
vinyl floor · electric fireplace · w/o to yard
hardwood floor · closet
hardwood floor · closet
vinyl floor · window
hardwood floor · closet
vinyl floor · window
Listed at $1,099,900. Going by how homes in Blue Grass Meadows and the wider GTA have actually closed against their asking prices (about 98%, 16 local closings in 90 days), the likely sale price is near $1.08M, if it sells. A realistic range is $1.01M to $1.21M.
Independent value check: $1.03M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $966K and $1.08M).
Why $1.03M. The typical detached home sold in Blue Grass Meadows over the past year went for about $905K (110 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,420 a year; the typical home sold here pays about $6,400.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightly4+1 bedrooms and 4 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.08M, from 16 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 14 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $489/sqft against an area asking average of $520/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Blue Grass Meadows: 22 of the 95 detached leases here lately were basement units, around $1,775 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Whitby.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $927K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($489/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 16 comparable homes that sold in Blue Grass Meadows over the past two years, from 218 closings there.
For sale
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 $471/sqft; this home lists at $489/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Blue Grass Meadows: $928K in September 2026, down 5% from a year ago, on 97 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $885K | 12 |
| November 2025 | $941K | 13 |
| December 2025 | $949K | 14 |
| February 2026 | $865K | 7 |
| March 2026 | $978K | 10 |
| April 2026 | $900K | 7 |
| May 2026 | $930K | 11 |
| June 2026 | $776K | 6 |
| July 2026 | $938K | 7 |
| August 2026 | $819K | 5 |
| September 2026 | $928K | 5 |
Neighbourhood & location
Blue Grass Meadows, Whitby, ON
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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 $879,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,865
- Property tax
- $618
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,484
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,473
- Estimated closing costs
- $18,473
Plus your down payment of $219,980. 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
- $291,914
- Principal paid down
- $107,510
- Interest paid
- $184,404
- Balance remaining
- $772,410
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
The suite is real income here: basements rent in Blue Grass Meadows (22 of 95 recent detached leases were basement units, around $1,775 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,775 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 12 whole-home leases in Blue Grass Meadows signed at a median of $3,109 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,394. 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 BAY STREET GROUP INC.. MLS®/PropTx.