$2,699,999

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5659 Gilmore Road, Clarington - Single Family for Sale

5659 Gilmore Road, Clarington, Ontario, L0A1J0

5 beds3 baths20 parking ft²

869 Townline Road North, Clarington, Ontario, L1H8L7

3 bd1 ba12 pk1,300 ft²Lot size 67 × 651 ft (1.00 acres)

Listed by HOMELIFE/MIRACLE REALTY LTD

21 Dan Sheehan Lane, Clarington (Bowmanville), Ontario, L1C0M6

For saleJust listed

Today

$970K

21 Dan Sheehan Lane, Clarington (Bowmanville), Ontario, L1C0M6

4 bd3 ba6 pk2,250 ft²Lot size 64 × 102 ft (6,556 sq ft)

Listed by RE/MAX REALTY SERVICES INC.

30 Birch Tree Lane, Clarington (Newcastle), Ontario, L1B1P2

For saleJust listed

Today

$800K

30 Birch Tree Lane, Clarington (Newcastle), Ontario, L1B1P2

2 bd2 ba3 pk1,750 ft²

Listed by Royal Service Real Estate Inc.

2699 Concession Rd 7 Road, Clarington, Ontario, L1C5W9

For saleJust listed

Today

$399K

2699 Concession Rd 7 Road, Clarington, Ontario, L1C5W9

3 bd2 ba2 pk2,250 ft²Lot size 55 × 86 ft (4,730 sq ft)

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Investment analysis

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$2,699,999

Clarington

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Description

Welcome to 5659 Gilmore Road! This 65 Acre Property Of Gently Rolling Land Includes 2 Fully Detached Homes And A Huge 60x40 Ft Heated Workshop With Attached 100x40 Ft Steel Barn. Spring Fed Pond & 50 Acres Of Rented Farmable Land. Primary Residence had 3+2 Generous Sized Bedrooms, High Ceilings, Large Windows, Wood Floors, Huge Cold Cellar, A Large Laundry/Mud Room. Heated Inground Pool. Secondary Residence Is a Very Charming 2+1 Bedroom, 2 Bathroom With Cozy Front Porch. (id:66096)

Property Details

MLS®: E13763132
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Parking: 20
Interior Size: 4,250 ft²
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Heat Pump, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Pool: Yes
Ownership: Freehold
Property Tax: $14,810.47/yr
Listed: 56 days ago

Rooms

Main level

Kitchen: 5.18 x 4.57 meters
Living room: 5.79 x 4.57 meters
Primary Bedroom: 4.57 x 3.05 meters
Bedroom 2: 3.66 x 2.74 meters
Bedroom 3: 3.66 x 2.74 meters

Basement

Bedroom 4: 4.57 x 2.74 meters
Office: 3.05 x 2.74 meters
Laundry room

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

Market Timing

Days on market

56d

Clarington listings, avg age

58d

Price / ft²

$635

List price

$2.70M

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.

Area context

Neighbourhood profile (L0A)

This home lists at $2,699,999, about 23.7× the local median household income of $114,000.

Carrying it typically needs a household income of about $527,404 (20% down, 25-yr amortization, stress-tested) — roughly 363% above the area median.

Median household income: $114,000
Population: 15,325
Median age: 44
Owner / renter: 93% / 7%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0A)

$2,699,999· $635/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $539,999.80

Min 20%50%

Mortgage payment$11,515/mo

Property tax (est.)$1,234/mo

Total monthly$12,749

Cash Needed to Close

Down payment (20%)$540,000

Land transfer tax$53,975

Est. closing costs$10,600

Total cash needed$604,575

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

5659 Gilmore Road, Clarington - Single Family for Sale

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Description

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Neighbourhood profile (L0A)

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