96 Ontario Street, Clarington, ON

$849,000
MLS#:E8477116
4 beds
2 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Bowmanville. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $849,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 50.13 x 76.5 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This Exceptional Legal Duplex, Fully Renovated Inside And Out In 2021. Located In A Desirable Area, This Property Offers A Lucrative Investment Opportunity With Modern Upgrades And Meticulous Craftsmanship. Each Unit Features Two Bedrooms And One Bath. The Rear Unit, Market Rent At $2200, Comprises The Main Floor And Upstairs, Providing A Spacious Living Area. The Front Unit Market Rent At $2400, Includes The Main Floor And Basement, Offering Ample Space And Comfort. This Duplex Is Equipped With Two Furnaces, Two AC Units, Two Hydro Meters, And Two Gas Meters, Ensuring Complete Independence For Each Unit. Renovations Include New Flooring, Kitchens, Paint, Appliances, Trim, Electrical, Plumbing, HVAC, And Breaker Panels. The Basement Has Been Waterproofed And Spray-Foamed For Added Durability And Comfort. Separated By A Double Brick Wall, The Interior Setup Mimics A Semi-Detached Home, Ensuring Privacy And Sound Insulation. All Work Was Completed With Building Permits And ESA Certification, Guaranteeing A Legal Two-Unit Dwelling. Live In One Unit While The Other Pays The Mortgage! Don't Miss This Unique Opportunity To Own A Fully Renovated, Income-Generating Property With High-End Finished and Modern Conveniences!

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Property Summary

This duplex located at 96 Ontario Street, Clarington is currently for sale and has been available on SousaSells for 748 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 96 Ontario Street, Clarington is in the Bowmanville neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2024
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFinished
Lot Size50.13 × 76.5 Feet
CountyDurham
Annual Tax$4,312.56
Legal DescriptionPART LT 16 BLK 11 PL GRANT BOWMANVILLE BEING PART 2 ON PLAN 40R-32162; MUNICIPALITY OF CLARINGTON

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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96 Ontario 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 96 Ontario Street, Clarington, ON L1C 2T1

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$254,700 (30.0%)
* Minimum Canadian down payment required for this price is $59,900.
Amortization Period30 Years
Estimated Monthly Payment$2,826Based on a loan of $594,300 over 30 years.
Purchase Price$849,000
Loan Amount$594,300
Provincial Land Transfer Tax:$13,455
Total Estimated Closing Taxes:$13,455

About Purchasing a Home in Clarington, ON

For a property listed at $849,000 in Clarington, the legal minimum down payment is $59,900 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 $13,455 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 $13,455.

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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$857,125

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.