4 Claret Road, Clarington

$689,000
4 Claret Road

$689,000

New
23d
DetachedBacksplit 4

4 Claret Road, Clarington

Total Monthly Obligation $3,618

Beds
5
Baths
3
Park
3
Sqft
1500-2000
DOM
23d
Score
21
Yield
5.7%
Cash on Cash
-0.2%
Cap Rate
4.6%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-E13845602
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-43.7 × 110 ft
Listed on site-Sep 30, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$5,562 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Bowes & Cocks Limited
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

Larger than it looks, this spacious 5-bedroom, 3-bathroom backsplit offers ample living space for every stage of life. Whether you're an expanding family or looking for a home that accommodates multi-generational living, there's room for everyone. Located in one of Courtice's sought-after family-friendly neighbourhoods, this home is less than 10 minutes from bother major highways (401 and 407), just minutes from multiple public and Catholic schools, parks, shopping, and all your everyday amenities. The heart of the home is its large kitchen, featuring granite countertops and newer appliances. Overlooking the generous family room and adjoining dining room, this level offers an ideal layout for both everyday living and entertaining. Upstairs, you'll find three spacious bedrooms with generous closet space, including the primary suite with its own private 3-piece ensuite. A separate 4-piece bathroom serves the remaining bedrooms on this level. Just a few steps down are two additional bedrooms that can be used as legal bedroom, home offices, guest rooms, or hobby spaces to suit your needs. A convenient combined laundry room and 3-piece bathroom complete this level. The fully finished basement provides even more versatile living space, perfect for a recreation room, playroom, home gym, media room, or additional entertaining area. Outside, the fully fenced backyard features a metal gazebo that's perfect for relaxing or hosting on warm summer days and evenings. Raised garden beds are ready for flowers or vegetables, while the yard offers plenty of opportunity to add your own finishing touches and make it your own. Out front you will find a privacy hedge, a great porch and an attached, 1 car garage.

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

Closing Costs

Mortgage Amount
$551,200
Land Transfer Taxes$10,255
Legal Fees (Est.)
$
Total cash required for closing$149,555

Total Monthly Obligation

$3,618/mo
Mortgage $2,779
Monthly Loss $2,886
Principal$731
Interest$2,048
Property Tax$464
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$39,600/yr
NOI
$25,578/yr
Net Cash Flow
-$648/mo
Cash Margin
-19.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
24.6/ 100

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

Comparables

Properties near 4 Claret Road

Time

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