7 Turnberry Crescent, Clarington

$649,900
7 Turnberry Crescent

$649,900

New
18d
DetachedBungalow

7 Turnberry Crescent, Clarington

Total Monthly Obligation $3,384

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
18d
Score
20
Yield
5.4%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Detached
MLS® Number-E13873938
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.53 × 137.8 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$4,655 (2025)
Parking-5 - Attached
Basement-Finished with Walk-Out, Full, Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK EASTERN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

Located in a desirable neighbourhood, close to schools, all amenities and either the 401 or 407 highways, this all brick bungalow is great for the growing or multi-generational family. Offering two kitchens, (one up and one down), 3+2 bedrooms, and 2 full bathrooms (one up and one down). Featuring in-law capability with access from the garage to a common shared area that has laundry and leads either upstairs or to the basement with the main front door for upstairs direct access and a separate entry from the backyard to the basement as well to allow for fully independent living spaces if so desired. Outside, there's driveway parking for 4 vehicles, a front deck sitting area and a fully fenced yard for kids or pets. This property is vacant, previously tenant occupied, and is in the process of being professionally painted a neutral colour throughout (up and down) with professional carpet cleaning and cleaning throughout as well. Immediate possession available.

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,384/mo
Mortgage $2,622
Monthly Loss $2,695
Principal$690
Interest$1,932
Property Tax$388
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.7%40
10-Year IRR
11.2%
Returns Index
21.3/ 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
$35,400/yr
NOI
$22,705/yr
Net Cash Flow
-$729/mo
Cash Margin
-24.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
25.2/ 100

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

Comparables

Properties near 7 Turnberry Crescent

Time

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