15 Farmstead Drive, Clarington

$669,000
15 Farmstead Drive

$669,000

Price Change
24d
Att/Row/Townhouse2-Storey

15 Farmstead Drive, Clarington

Total Monthly Obligation $3,379

Beds
3
Baths
4
Park
1
Sqft
1100-1500
DOM
24d
Score
20
Yield
5.0%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Att/Row/Townhouse
MLS® Number-E13839900
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,666.95 (2025)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bowmanville
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 3-bedroom townhome offering stylish finishes and functional living space for the whole family. Featuring 4 bathrooms, including a convenient main-floor 2-piece powder room and an additional 2-piece bathroom in the finished basement, this home is move-in ready from top to bottom. The updated kitchen showcases quartz countertops, stainless steel appliances, and modern finishes, while upgraded light fixtures and hardwood flooring throughout add warmth and elegance. The spacious primary bedroom features a walk-in closet and private ensuite. The finished basement provides additional living space, perfect for a rec room, home office, or play area. Located in a family-friendly neighbourhood within walking distance to schools, parks, and grocery stores, this home also offers a single-car garage with convenient inside access. An exceptional opportunity for families, first-time buyers, or investors alike.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$535,200
Land Transfer Taxes$9,855
Legal Fees (Est.)
$
Total cash required for closing$145,155

Total Monthly Obligation

$3,379/mo
Mortgage $2,699
Monthly Loss $2,669
Principal$710
Interest$1,988
Property Tax$306
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,480/yr
NOI
$21,965/yr
Net Cash Flow
-$868/mo
Cash Margin
-31.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.8/ 100

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

Comparables

Properties near 15 Farmstead Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.