$589,000

For sale

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

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

3 beds2 baths2 parking1,300 ft²50 × 75 ft (3,688 sq ft) lot sizeListed 42 days ago

Overview

This 3-bedroom, 2-bathroom home in Clarington is for sale offering roughly 1,300 sq ft of space. Listed at $589,000, it is attractively priced about 26% below the $797,500 median asking price in Clarington. It has been on the market 42 days, fresher than the Clarington average of 55 days.

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Description

Welcome to this inviting 3-bedroom, 2-bathroom townhouse nestled in a welcoming Bowmanville neighbourhood. Designed with everyday comfort and functionality in mind, this home offers a well-planned layout, contemporary finishes, and plenty of space for the whole family.The main level features a bright open-concept design with a spacious living area, modern kitchen, and dedicated dining space, creating an ideal setting for both daily living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a primary bedroom with excellent closet space.The finished lower level provides additional living space that can easily be customized to suit your needs-whether used as a recreation room, home office, children's play area, or guest retreat. Step outside to your private backyard, offering a pleasant space for outdoor relaxation, gardening, or summer gatherings.Conveniently located near schools, parks, shopping, dining, public transit, and major roadways, this home combines comfortable living with easy access to everyday amenities. Whether you're a first-time buyer, growing family, or looking for a versatile home, this Bowmanville property is ready to welcome you. (id:66096)

Property Details

MLS®: E13826112
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
Ownership: Freehold
Property Tax: $3,808/yr

Rooms

Main level

Living room: 6.68 x 4.19 meters
Dining room: 6.68 x 4.19 meters
Kitchen: 4.91 x 3.58 meters
Eating area: 4.91 x 3.58 meters

Second level

Primary Bedroom: 3.08 x 3.17 meters
Bedroom 2: 2.91 x 3.17 meters
Bedroom 3: 2.82 x 2.8 meters

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: Tile, 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

42d

Clarington (Bowmanville) listings, avg age

55d

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 42 days, which is 13 days fresher than the city average of 55. 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

Total monthly$3,395

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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