$499,000

For sale

#L06 1 Sidney Lane, Clarington (Bowmanville) - Single Family for Sale

#L06 1 Sidney Lane, Clarington (Bowmanville), Ontario, L1C0N5

2 beds1 bath1 parking850 ft²$608/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 1-bathroom condo in Clarington is for sale offering roughly 850 sq ft of space. Listed at $499,000, it is attractively priced about 5% below the $524,900 median asking price in Clarington. It has been on the market 9 days, fresher than the Clarington average of 55 days.

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Description

RARELY OFFERED CORNER UNIT IN THE HEART OF BOWMANVILLE! This bright and spacious 2-bedroom condo offers a sought-after layout, an abundance of natural light, and impressive 9-foot ceilings throughout. Featuring a convenient ground-floor entrance, this well-appointed suite boasts a large kitchen complete with a breakfast bar, eat-in area, and pantry, perfect for everyday living and entertaining. The oversized living room features a direct walk-out to a private patio offering lovely northeastern exposure. Both bedrooms are generously sized, with the primary bedroom featuring a walk-in closet and the second bedroom offering a double closet. Laminate and ceramic flooring throughout provide a stylish, carpet-free living space, while convenient ensuite laundry adds to the home's functionality. Additional highlights include One owned parking space and a private owned locker. Residents also enjoy access to fantastic building amenities, including a fitness room and party room. Ideally situated close to schools, parks, shopping, restaurants, and everyday conveniences, with quick and easy highway access for commuters. PERFECT FOR FIRST-TIME BUYERS, DOWNSIZERS, OR RETIREES! Enjoy spacious, low-maintenance living in a desirable Bowmanville location. Don't miss this fantastic opportunity! (id:66096)

Property Details

MLS®: E14115578
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $608/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,221.63/yr
Listed: 9 days ago

Rooms

Main level

Kitchen: 3.25 x 2.26 meters
Eating area: 3.05 x 2.26 meters
Living room: 5.18 x 3.35 meters
Dining room: 5.18 x 3.35 meters
Primary Bedroom: 3.35 x 3.05 meters
Bedroom 2: 3.35 x 2.69 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
Flooring: Laminate
Exterior: Stone, Vinyl siding
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Clarington (Bowmanville) listings, avg age

55d

Price / ft²

$587

List price

$499K

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 2-bed single family in Clarington (Bowmanville) has been listed for 9 days, which is 46 days fresher than the city average of 55. Act while there is still low competition.

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Listed by Coldwell Banker 2M Realty · Sheila Perreault

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1C)

This home lists at $499,000, about 4.6× the local median household income of $109,000.

Carrying it typically needs a household income of about $97,472 (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)

$499,000· $587/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$268/mo

Condo fee$608/mo

Total monthly$3,505

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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