2800 Courtice Road 15, Clarington

$579,900
2800 Courtice Road 15

$579,900

New
25d
Condo Townhouse2-Storey

2800 Courtice Road 15, Clarington

Total Monthly Obligation $3,162

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1400-1599
DOM
25d
Score
35
Yield
7.9%
Cash on Cash
7.9%
Cap Rate
6.3%
5Y IRR
21.9%
10Y IRR
19.9%
Property Type-Condo Townhouse
MLS® Number-E13833898
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,058.96 (2026)
Maintenance-$285/mo
Locker-None
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Stone, Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Courtice
Title-Residential Condo & Other

No agent assigned

Welcome to Nantucket by Halminen Homes. One of Courtice's sought-after condominium communities. Centrally located at Highway 2 and Courtice Road. Beside Courtice Community Centre. Access to public transit and a short drive to Highway 401 and 407. This 1400 sf condo was built in 1997 as per MPAC. Features a south facing deck overlooking a greenbelt, a double-car garage, and parking. The interior has a living room with gas fireplace, eat-in kitchen, 2 1/2 baths and three bedrooms. The primary bedroom has an ensuite bath. The basement level has a finished media room. Updated broadloom in 2026 and front railings in 2025. It is move-in ready!

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,162/mo
Mortgage $2,339
Monthly Loss $2,547
Principal$616
Interest$1,724
Property Tax$338
Condo Fees$285
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.7%14
5-Year IRR
17.9%85
10-Year IRR
17.0%
Returns Index
48.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,864/yr
NOI
$31,399/yr
Net Cash Flow
$277/mo
Cash Margin
7.3%18
Cash Flow Index
17.5/ 100
Risk Profile
Weight: 20%
DSCR
1.1237
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
35.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2800 Courtice Road 15

Time

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Data last updated within the past 24 hours.