205 Cove Road, Clarington, ON

$1,149,900
MLS#:E8429108
4 beds
2 baths
9.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bowmanville. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $1,149,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 100 x 133.77 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 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 propane

Description

Dreaming of a cottage but can't afford 2 homes? Enjoy lakeside living on a gorgeous country sized lot! Deeded lake access! Live in one of Bowmanville's most sought after communities fronting Lake Ontario and surrounded by conservation land with beaches, dog park, boat launch, fishing, walking trails and marsh land. Minutes to the 401, to shopping, dining and entertainment. Main floor features an open concept kitchen and family sized dining dining, a sun filled living room with a walk out to one of several decks including a traditional wrap around porch where you can enjoy the sound of the birds while sipping your morning coffee. Following coffee walk one of the many trails before your afternoon canoe in the marsh or swim in the lake!!! After you enjoy your evening bonfire on the purpose built cement pad, watch a movie in your huge family room before heading to sleep in one of four spacious bedrooms. Primary with huge walk in closet, walk out basement. Large garage /workshop with loft

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 17, 2024
Sold price information is available to members only
Listed Date6/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBoard & Batten , Brick
BasementFinished with Walk-Out
Lot Size100 × 133.77 Feet
CountyDurham
Annual Tax$6,904.16
Legal DescriptionPT LT 36 PL 198 BOWMANVILLE; PT LT 37 PL 198 BOWMANVILLE AS IN D424488; T/W D424488; CLARINGTON

Parking & Garage

Parking Spaces9.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, Lake Access, Lake/Pond, Park, River/Stream, School Bus Route

Interior Features

None

Security Features

Community Features

Location

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205 Cove Road, 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 205 Cove Road, Clarington, ON L1C 3K3

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$229,980 (20.0%)
* Minimum Canadian down payment required for this price is $229,980.
Amortization Period25 Years
Estimated Monthly Payment$5,482Based on a loan of $919,920 over 25 years.
Purchase Price$1,149,900
Loan Amount$919,920
Provincial Land Transfer Tax:$19,473
Total Estimated Closing Taxes:$19,473

About Purchasing a Home in Clarington, ON

For a property listed at $1,149,900 in Clarington, the legal minimum down payment is $229,980 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 $19,473 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 $19,473.

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.