12 Wellington Street, Clarington, ON

$650,000
MLS#:E8401108
1 beds
2 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bowmanville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 2 Bathrooms with 2 functional kitchens
  • Premium 36.03 x 83.92 ft lot size
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully renovated bungalow nestled in the serene neighborhood of Bowmanville. This charming home boasts a unique layout with one spacious bedroom and the luxury of 2 modern kitchens. Both kitchens feature stunning quartz countertops and a central island, perfect for culinary adventures and entertaining guests. The main level of the house is adorned with sleek vinyl flooring, offering durability and a contemporary aesthetic. As you descend into the basement, you'll find a cozy and versatile space finished with a combination of broadloom and vinyl flooring, providing a perfect blend of comfort and practicality. The basement offers additional living space that can be adapted to suit your needs, whether it's a home office, a recreation area, or an additional living room. Everything in this home is brand new, from the air conditioning system and roof to the windows and more. This means you can enjoy the peace of mind that comes with modern amenities and updated infrastructure. The quiet neighborhood of Bowmanville enhances the appeal, offering a tranquil environment while still being conveniently located near essential amenities. This renovated bungalow is a true gem, ready to offer comfort, style, and modern living in a welcoming community.

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Key Features

Bedrooms
1
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date6/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull
Lot Size36.03 × 83.92 Feet
CountyDurham
Annual Tax$3,170.52
Legal DescriptionPT LT 7 BLK 33 PL HANNING BOWMANVILLE; PT LT 8 BLK

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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12 Wellington Street, Clarington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 12 Wellington Street, Clarington, ON L1C 1V2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Clarington.

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Interest Rate5.25%
Down Payment$40,000 (6.2%)
* Minimum Canadian down payment required for this price is $40,000.
Amortization Period25 Years
Estimated Monthly Payment$3,635Based on a loan of $610,000 over 25 years.
Purchase Price$650,000
Loan Amount$610,000
Provincial Land Transfer Tax:$9,475
Total Estimated Closing Taxes:$9,475

About Purchasing a Home in Clarington, ON

For a property listed at $650,000 in Clarington, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,475.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bowmanville, Clarington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$857,342

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.