$589,000

For sale

489 Mearns Avenue, Clarington (Bowmanville) - Single Family for Sale

489 Mearns Avenue, Clarington (Bowmanville), Ontario, L1C5M5

3 beds2 baths2 parking1,300 ft²$280/mo condo feeListed 45 days ago

Overview

This 3-bedroom, 2-bathroom condo in Clarington is for sale offering roughly 1,300 sq ft of space. It has been on the market 45 days, fresher than the Clarington average of 56 days.

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Description

Welcome to Unit 489 Meanrs, a well-kept 3-bedroom, 2-bathroom townhouse in a desirable Bowmanville neighbourhood. This inviting home offers a practical layout with comfortable living spaces, making it an excellent choice for first-time buyers, families, downsizers, or anyone looking for a convenient place to call home.The main level features a bright and functional open-concept design with a spacious living room, well-equipped kitchen, and dedicated dining area. The layout provides an easy flow for both everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a comfortable primary bedroom with good closet space.The finished lower level provides additional living space that can be used as a recreation room, family room, home office, children's play area, or guest space. Step outside to enjoy the private backyard, offering a great spot to relax, entertain, or enjoy some fresh air.Conveniently located close to schools, parks, shopping, restaurants, public transit, and major highways, this home provides easy access to everyday amenities and commuter routes. A great opportunity to own a comfortable and versatile home in a growing Bowmanville community. (id:66096)

Property Details

MLS®: E13808474
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 50 × 75 ft (3,688 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $280/mo
Fee Includes: Parcel of Tied Land

Rooms

Basement

Recreational, Games room: 5.39 x 2.72 meters

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

Features

Flooring: Carpeted
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Clarington (Bowmanville) listings, avg age

56d

Price / ft²

$453

List price

$589K

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 3-bed single family in Clarington (Bowmanville) has been listed for 45 days, which is 11 days fresher than the city average of 56. Act while there is still low competition.

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Listed by HOMELIFE DISTRICT REALTY · ELIZABETH BONNER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1C)

This home lists at $589,000, about 5.4× the local median household income of $109,000.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$589,000· $453/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$317/mo

Condo fee$280/mo

Total monthly$3,675

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$8,255

Est. closing costs$4,267

Total cash needed$46,422

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