$1,479,000

$1,499,000For salePrice drop↓ $20,000 (1%)

2 Yacht Drive, Clarington (Bowmanville) - Single Family for Sale

2 Yacht Drive, Clarington (Bowmanville), Ontario, L1C4A9

5 beds6 baths6 parking4,250 ft²65 × 91 ft (5,895 sq ft) lot sizeListed 49 days ago

Overview

This 5-bedroom, 6-bathroom home in Clarington is for sale offering roughly 4,250 sq ft of space. It has been on the market 49 days, fresher than the Clarington average of 56 days.

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Description

Spacious waterfront residence offering breathtaking Lake Ontario views and contemporary design. Located in a growing lakeside community, this impressive home features 5 bedrooms and6 bathrooms, including a fully finished basement with an additional bedroom and multiple recreation areas. An elevator provides convenient access to every level. The open-concept interior showcases soaring ceilings-11 ft on the main floor and 10 ft upstairs-along with large windows and hardwood flooring throughout, creating a bright and inviting living space. Enjoy stunning lake views from balconies on the main and upper levels, or relax on the rooftop terrace, perfect for summer evenings overlooking the water.Close to Wilmot Creek, golf courses, parks, scenic trails, and the Newcastle Marina, with convenient access to Highway 401, the future GO Station, shopping, and restaurants. Property being sold under Power of Sale and priced to sell, offering a rare opportunity to secure a waterfront home with exceptional potential. (id:66096)

Property Details

MLS®: E13790008
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 6
Half Baths: 1
Parking: 6
Interior Size: 4,250 ft²
Lot Size: 65 × 91 ft (5,895 sq ft)
Frontage: 65 ft
Storeys: 3
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Living room: 6.24 x 6.29 meters
Dining room: 4.51 x 3.79 meters
Family room: 6.4 x 4.88 meters
Sitting room: 3.21 x 3.98 meters
Office: 3.04 x 3.63 meters
Kitchen: 5.04 x 3.79 meters

Second level

Bedroom: 10.74 x 4.89 meters
Bedroom 2: 4.8 x 3.97 meters
Bedroom 3: 3.04 x 4.6 meters
Bedroom 4: 5.91 x 3.81 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Clarington (Bowmanville) listings, avg age

56d

Price / ft²

$348

List price

$1.48M

Homes here sell faster than most markets

Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Clarington (Bowmanville) has been listed for 49 days, which is 7 days fresher than the city average of 56. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · BRUCE OLIVER CHIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1C)

This home lists at $1,479,000, about 13.6× the local median household income of $109,000.

Carrying it typically needs a household income of about $288,900 (20% down, 25-yr amortization, stress-tested) — roughly 165% above the area median.

Median household income: $109,000
Population: 50,217
Median age: 37.2
Owner / renter: 80% / 20%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L1C)

$1,479,000· $348/ft²

For sale

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Full Cost Breakdown

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Down Payment8.31% · $122,900.00

Min 8.31%50%

Mortgage payment$7,518/mo

↳ CMHC premium ($54,244 capitalized)

Property tax (est.)$1,180/mo

Total monthly$8,698

Cash Needed to Close

Down payment (8.31%)$122,900

Land transfer tax$26,055

Est. closing costs$6,937

Total cash needed$155,892

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