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Rural Clarington, Clarington
$789,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,327 |
| Lot Size | 70 ft x 660 ft |
| mls© Number | E13628288 |
| Listed By | RE/MAX Rouge River Realty Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,038
- Property tax
- $361
- Heat allowance
- $150
- Housing costs
- $4,549 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$140,000
gross annual household income
- Payment at 4%
- $3,320 / mo
- Cash down
- $157,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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