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$799,000
Clarington
51 Marchwood Crescent, Clarington (Bowmanville), Ontario, L1C5K5
This 5-bedroom, 3-bathroom home in Clarington is for sale offering roughly 1,300 sq ft of space. Its $799,000 asking price sits right in line with the $797,500 median in Clarington. It has been on the market 14 days, fresher than the Clarington average of 56 days.
Income-Generating Property with 3 Kitchens, 5 Bedrooms & Multiple Living Spaces! An incredible opportunity for investors or multi-generational families. This spacious home offers three kitchens, five bedrooms, multiple living areas, and excellent income potential. The upper level features an open-concept family room and formal dining area, a modern kitchen, and three bedrooms, including a primary bedroom with a 4-piece ensuite and walk-in closet. The main-floor unit offers a large kitchen, a spacious living room with a gas fireplace and walkout to the deck, plus a fourth bedroom with an ensuite. The lower level features a fifth bedroom with a 3-piece ensuite and a large recreation room. One unit is fully self-contained, while two units share laundry facilities. Parking for up to five vehicles, including a garage with direct entry to the main floor. A fantastic opportunity to generate rental income while enjoying ample living space in a desirable location! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 56 days across the listings currently for sale in this city
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.
This 5-bed single family in Clarington (Bowmanville) has been listed for 14 days, which is 42 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,000, about 7.3× the local median household income of $109,000.
Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.