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New1 day ago

3698 Concession 5 Road

Rural Clarington, Clarington

$799,900

Detached|2-Storey
4 | 3 | 9
About this home

Some homes are just houses... this one is a homestead. Set on a sprawling 174' x 261' corner lot in the Orono countryside, surrounded by farmland and rolling fields, this 2,850 sq. ft. home has been lived in and loved by the same family since the 1960s. Step inside and you'll understand why. The dining room has hosted decades of Christmas dinners and Thanksgiving gatherings, while the living room offers easy, everyday comfort. The family room, anchored by a custom-built wood-burning fireplace, is where everyone naturally ends up on cold winter nights, while the games room, complete with pool table and built-in bar, is ready for game nights and celebrations for years to come. The open concept kitchen overlooks the beautiful double entrance driveway, while 4 bedrooms and 3 washrooms offer plenty of room to grow. Bright oversized windows fill the home with natural light and character, A 2-car garage with storage loft above adds even more space to work with. This home is ready for updating, some finishing work and a new owner's vision, making this an exciting opportunity for a renovator, handyman or buyer who sees the incredible potential in what is already here. With over an acre of beautiful countryside, nearly 2,850 sq. ft. to work with, and a home full of character and history, the possibilities are enormous. Just minutes from Orono with easy highway access, this is your chance to take a well loved family home and make it your own. Bring your ideas, your vision and imagine what the next chapter could be!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age100+
Size2500-3000 sq. ft.
Property Tax$6,897
Lot Size174 ft x 261 ft
mls© NumberE13759520
Listed ByHomesmiths Real Estate Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,094
Property tax
$575
Heat allowance
$150
Housing costs
$4,819 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,980
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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