$425,000

For sale

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#210 106 Aspen Springs Drive, Clarington (Bowmanville) - Single Family for Sale

#210 106 Aspen Springs Drive, Clarington (Bowmanville), Ontario, L1C5N7

2 beds1 bath1 parking ft²

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Investment analysis

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$425,000

Clarington

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Overview

This 2-bedroom, 1-bathroom condo in Clarington is for sale offering roughly 750 sq ft of space. Listed at $425,000, it is attractively priced about 19% below the $524,900 median asking price in Clarington. It has been on the market 41 days, fresher than the Clarington average of 56 days.

Condos for Sale in Clarington →All real estate in Clarington →

Description

Ready for quick occupancy if needed, this lovely 2 bedroom unit offers a maintenance free lifestyle with the extra perks. Enjoy the covered balcony where you can enjoy your own BBQ. The Party/Meeting room & Exercise room are located in the building on the lower level. There is a children's playground area as well! Great location - close to all amenities! (id:66096)

Property Details

MLS®: E13825222
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $348/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,710.7/yr
Listed: 41 days ago

Market Timing

Days on market

41d

Clarington (Bowmanville) listings, avg age

56d

Price / ft²

$567

List price

$425K

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 (L1C)

This home lists at $425,000, about 3.9× the local median household income of $109,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$425,000· $567/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$226/mo

Condo fee$348/mo

Total monthly$2,812

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$30,000

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

#210 106 Aspen Springs Drive, Clarington (Bowmanville) - Single Family for Sale

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