196 Millburn Drive, Clarington, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bowmanville. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,050,000 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50.24 x 104.99 ft lot
- Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, Carpet Free, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Gorgeous 4+1 bedroom home with a stunning fully legal 1 bedroom walk-out basement apartment. Live in the upper unit and rent out the basement for an additional income of $1,900/ month to help pay the mortgage or bring the in-laws. Situated on a 50 foot corner lot that is fully landscaped with interlock patios, deck and an amazing in-ground pool. Perfect for a vacation in your very own oasis of a yard!!! Beautiful open concept home with gleaming hardwood floors, pot lights, custom wainscoting throughout, California shutters, stunning family-sized kitchen with granite counters, high-end stainless appliances and breakfast area that overlooks the gorgeous inground pool, cozy family room with pot lights and gas fireplace, double garage with indoor access and main floor laundry. Upstairs you have 4 large bedrooms with hardwood flooring, walk-in closets, master bedroom with luxury 5 piece ensuite bath and walk-in closet. Legal, fully finished walk-out basement apartment with kitchen, bathroom, bedroom, separate laundry, large storage/den area and above-grade family room - fully legal and Town approved in 2022. Excellent family location of Bowmanville, minutes to the 401, schools, parks and shopping. Park 6 cars with double garage and extra large 4 car driveway with no sidewalk. This is a beautiful home or income property with $200,000 in recent renovations and improvements. Everything is done! Just move in and enjoy!
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Property Summary
This detached home located at 196 Millburn Drive, Clarington is currently for sale and has been available on SousaSells for 185 days. This property is listed at $1,050,000 with an estimated mortgage of $3,495* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 196 Millburn Drive, Clarington is in the Bowmanville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Accessory Apartment, Carpet Free, In-Law Suite
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 196 Millburn Drive, Clarington, ON L1C 5M1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Clarington, ON
For a property listed at $1,050,000 in Clarington, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.
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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.