4 Upper Paradise Way, Whitby, ON

Rural Whitby, Whitby · MLS® E14084870

$959,990
For Sale
Just listed todayNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Brand new spacious live/work freehold built by Paradise Developments, perfectly positioned at the prime corner of Coronation Rd. and McGowan Dr. within a thoroughly...
  • The Romano model offers a generous total area of over 3,415 Sq.
  • Ft of commercial space with 11' ceiling and 4 generous bedrooms home (with 9' ceilings on both main and third levels)Feel welcome and relax in the main living area...
  • Commercial space is equipped with a 2-piece rough- in and space ready for handicap-accessible washroom, ensuring compliance with accessibility standards.

Brand new spacious live/work freehold built by Paradise Developments, perfectly positioned at the prime corner of Coronation Rd. and McGowan Dr. within a thoroughly planned community of Whitby Meadows Newtowns. The Romano model offers a generous total area of over 3,415 Sq.Ft., including 780 Sq.Ft of commercial space with 11' ceiling and 4 generous bedrooms home (with 9' ceilings on both main and third levels)Feel welcome and relax in the main living area which features an open-concept main level boasts elegant neutral finishes, upgraded kitchen with large centre island, extended upper cabinetry, quartz countertops and backsplash. Abundant windows and doors. Great room equipped with charming electric fireplace and access to a huge outdoor terrace flooding the space with natural lighting. Principal bedroom features luxurious ensuite with frameless glass shower, double sink and two walk-in closets and access to a private oversized balcony. Commercial space is equipped with a 2-piece rough- in and space ready for handicap-accessible washroom, ensuring compliance with accessibility standards. The non-residential Commercial space of the dwelling can be used for many permitted-use including: offices, personal service establishment, retails, studio, food, catering services and many more (please see full list of use in attachment).This townhouse seamlessly blends comfort and functionality, making it an ideal choice for modern living. Welcome to Paradise Homes!

Key facts

Property type
Townhouse, 3-Storey
MLS®
E14084870
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
27.82 × 72.6 ft
Cross streets
Coronation Rd. and Taunton Rd. W.
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Metal/Steel Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Listing brokerage
PIVOT REAL ESTATE GROUP
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$954Klikely sale price

Listed at $959,990 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $954K, typically $894K to $1.08M. Comparable closings on their own put this home around $956K, which supports the ask, so this is a firm read.

List price
$894KBelow recent closings$1.08MAbove recent closings

Total price vs nearby homes. Likely closing about $954K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$827Kmedian sold price
105%of asking, on average
−2%prices vs a year ago
~20 dayshomes like this take to sell
$3,612/moest. rent · 47 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 5 townhouse homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $349/sqft against an area asking average of $405/sqft.

How this estimate is builtthe short version

I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Rural Whitby, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Rural Whitby over the past two years, from 106 closings there.

What sellers nearby are askingCurrently listed nearby in Rural Whitby · asking prices
$869kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $956K, which is where my estimate comes from.

Per square foot, these ask about $350/sqft; this home lists at $349/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
960kThis home1000k878k800k800kThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$785K31
November 2025$780K24
December 2025$760K13
February 2026$780K21
March 2026$750K32
April 2026$793K27
May 2026$775K25
June 2026$809K24
July 2026$749K18
August 2026$735K21
September 2026$780K19

Neighbourhood & location

Rural Whitby, Whitby, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Pringle Creek
$655K
Taunton North
$730K
Downtown Whitby
$780K
Rolling Acres
$759K
Blue Grass Meadows
$720K

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

Affordability
$4,375/mo
$190KIncome needed
5.0×Price ÷ income
$1,010Weekly cost
$15,675Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $4,375Estimated property tax $600Total carry $4,975

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,246per month

Mortgage amount $767,992 · 4.49% over 25 years

$191,998Down payment (20.0%)
$767,992Loan before insurance
$0CMHC premium
$4,846Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,246
Estimated property tax
$600
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,846

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,675
Estimated closing costs
$15,675

Plus your down payment of $191,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,140/monthPayment at the qualifying rate

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

$505,916Total interest paid
$1,273,908Total of all payments
Principal $767,992 Interest $505,916
YearPrincipalInterestBalance
1$17,138$33,818$750,854
2$17,916$33,040$732,937
3$18,730$32,226$714,207
4$19,580$31,376$694,627
5$20,469$30,487$674,158
6$21,399$29,558$652,759
7$22,370$28,586$630,388
8$23,386$27,570$607,002
9$24,448$26,508$582,554
10$25,558$25,398$556,997
11$26,718$24,238$530,278
12$27,931$23,025$502,347
13$29,200$21,757$473,147
14$30,525$20,431$442,622
15$31,911$19,045$410,710
16$33,360$17,596$377,350
17$34,875$16,081$342,475
18$36,458$14,498$306,016
19$38,114$12,842$267,902
20$39,844$11,112$228,058
21$41,653$9,303$186,405
22$43,545$7,412$142,860
23$45,522$5,435$97,338
24$47,589$3,368$49,749
25$49,749$1,207$0

At the end of your 5-year term

Total paid over the term
$254,782
Principal paid down
$93,834
Interest paid
$160,947
Balance remaining
$674,158

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.

Let's connect

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

Rental yield
From 47 whole-home leases in Rural Whitby$3,612/mo
$43,344Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,432 to $3,793Typical rent range
~16 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 47 whole-home leases in Rural Whitby signed at a median of $3,207 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,612. 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.

4.5%
Gross yield
− Property tax $6,720− Insurance $1,400− Vacancy & upkeep $4,768Net operating income $30,456

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PIVOT REAL ESTATE GROUP. MLS®/PropTx.

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