51 Clarington Boulevard 627, Clarington

$449,990
51 Clarington Boulevard 627

$449,990

New
17d
Condo ApartmentApartment

51 Clarington Boulevard 627, Clarington

Total Monthly Obligation $2,445

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
17d
Score
21
Yield
5.6%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Condo Apartment
MLS® Number-E13868104
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$430/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE IGNITE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Purchase price inclusive of HST, net the Ontario Enhanced New Housing Rebate! If the purchaser does not meet the eligibility criteria, the purchaser shall pay the full HST to the builder on closing. Welcome to MODO Condo - an incredibly vibrant community just 35 minutes east of Toronto, offering a relaxed lifestyle with every modern convenience at your doorstep. This 1 Bed + Den and 2 Bath unit offers a lot of luxury living space and open balcony space. Enjoy browsing unique and eclectic shops, abundant greenspace, fantastic restaurants, and the convenience of the soon-to-be-built GO Train station nearby. Designed with comfort and lifestyle in mind, the building amenities are truly second to none. Host gatherings in the well-equipped multipurpose rooms, entertain guests on the rooftop terrace with BBQ area, stay active in the fully equipped fitness centre or yoga studio, or simply unwind and recharge in the beautifully designed common spaces. This is urban living with a welcoming, community feel - perfect for those seeking both convenience and comfort.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$359,992
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,973

Total Monthly Obligation

$2,445/mo
Mortgage $1,815
Monthly Loss $1,967
Principal$478
Interest$1,337
Condo Fees$430
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.1/ 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
$25,344/yr
NOI
$15,250/yr
Net Cash Flow
-$544/mo
Cash Margin
-25.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
31.9/ 100

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

Comparables

Properties near 51 Clarington Boulevard 627

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.