The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to this charming two-bedroom bungalow nestled on a rarely offered premium 70 x 660 ft lot in Clarington. Offering the perfect balance of rural tranquility and city convenience, this property is ideally located just minutes from major highways and all essential amenities. Whether you're a builder, someone looking to renovate and customize the existing home, or continue using it as a highly reliable rental property, its been a consistent income generator for many years. Inside, the main floor offers a generous sized eat in kitchen with a w/o to deck off the side of the house, perfect for bbqing or entertaining. Good Size Open Concept living room and 2 bdrms. 4pce recently updated bathroom. The partially finished basement offers an excellent opportunity for expansion, easily finish it into a 2 bdrm suite with a rec room, perfect for extended family or teenagers. There is also the exciting potential to build an Accessory Dwelling Unit (ADU) as permitted by the Municipality. Live in one unit and rent out the other to offset your mortgage. With over an acre of land, there's space for gardens, chickens, trailers, RVS, or your favorite recreational toys. Opportunities like this don't come often.
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,312/mo
Mortgage (principal + interest)$2,952
Property taxFrom listing: $4,327/yr$361
Minimum $53,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$157,800
Ontario land transfer taxProvincial brackets, no first-time refund$12,255
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$172,855
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Clarington has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
