4 Penfound Drive, Clarington, ON

$725,000
MLS#:E11955329
3 beds
2 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 4 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 $725,000 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 2 Bathrooms
  • Premium 45.06 x 100.16 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming 4-level backsplit nestled in a highly sought-after Bowmanville neighborhood! This 3-bedroom home boasts spacious and flexible living areas, perfect for a growing family or anyone seeking room to relax and unwind. The bright, open-concept main floor offers an inviting living and dining space, complemented by a well-equipped kitchen that's ideal for both daily meals and entertaining. The unique backsplit layout provides enhanced privacy, with bedrooms just a few steps up and down from the main living area. The fully finished lower levels add versatile spaces that could be ideal for a family room, home office, or play area. Step outside to a backyard that's ready for gatherings or quiet retreats, featuring a lovely pergola and gazebo for outdoor dining, shade, and relaxation. Conveniently located near Highways 401 and 412, this property is a commuters dream, offering easy access while retaining the peace of a residential setting. You're also just minutes from schools, parks, shopping, and dining everything you need to enjoy life in Bowmanville!

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Property Summary

This detached home located at 4 Penfound Drive, Clarington is currently for sale and has been available on SousaSells for 525 days. This property is listed at $725,000 with an estimated mortgage of $2,413* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 4 Penfound Drive, 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
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 5, 2025
Sold price information is available to members only
Listed Date2/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size45.06 × 100.16 Feet
CountyDurham
Annual Tax$4,299.64
Legal DescriptionPCL 30-1 Sec 10M748; LT 30 PL 10M784; Municipality of Clarington

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Public Transit, School, School Bus Route

Interior Features

Water Softener

Security Features

Community Features

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Location

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4 Penfound Drive, 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 4 Penfound Drive, Clarington, ON L1C 4C5

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.

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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 Rate4.00%
Down Payment$217,500 (30.0%)
* Minimum Canadian down payment required for this price is $47,500.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,500 over 30 years.
Purchase Price$725,000
Loan Amount$507,500
Provincial Land Transfer Tax:$10,975
Total Estimated Closing Taxes:$10,975

About Purchasing a Home in Clarington, ON

For a property listed at $725,000 in Clarington, the legal minimum down payment is $47,500 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 $10,975 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 $10,975.

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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.