257 Lord Elgin Lane, Clarington, ON

$699,000
MLS#:E9243448
3 beds
3 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Bowmanville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 21.43 x 43.64 ft lot size
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To Your New home! This 3 Yr Old Modern Townhome Located In The Highly Desired Neighbourhood Of Bowmanville Is Perfect For Both Families & Professionals Alike. Featuring An Open Concept Layout With Hardwood Floors Throughout Main Floor & 2 Balconies. Kitchen comes Equipped with S/S Appliances, Plenty of Cabinet Space With B/I Spice Rack & B/I Waste Bins, Soft Close Cabinets & A Separate Pantry For All Those Extra Equipment. Large Primary BR features a 4pc Ensuite And His/Hers Closets. 2 Storage areas on Ground Floor along with Access to A Large painted Garage with Automatic Garage Door Opener. Separate Laundry Area & No Sidewalk! All Zebra Blinds & Ring Camera Included. Centrally Located, Convenient & Comfortable. Close To All Amenities.

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Property Summary

This townhouse located at 257 Lord Elgin Lane, Clarington is currently for sale and has been available on SousaSells for 705 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 257 Lord Elgin Lane, Clarington is in the Bowmanville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 14, 2024
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementNone
Lot Size21.43 × 43.64 Feet
CountyDurham
Annual Tax$3,586.73
Legal DescriptionPART OF BLOCK 2, PLAN 40M2601 cont' in sch B

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote

Security Features

Community Features

Location

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257 Lord Elgin Lane, 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 257 Lord Elgin Lane, Clarington, ON L1C 7E8

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Clarington, ON

For a property listed at $699,000 in Clarington, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.

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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$863,248

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.