5 Grants Lane, Clarington

$595,000
5 Grants Lane

$595,000

New
7d
Detached2-Storey

5 Grants Lane, Clarington

Total Monthly Obligation $3,087

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
7d
Score
19
Yield
4.7%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-E14087404
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-44.27 × 164.87 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,746.74 (2026)
Parking-3 - Carport
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-The Nook Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Shingle
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Bowmanville
Title-Residential Freehold

No agent assigned

Century Charm with Modern Comfort on a Rare Oversized Lot. Set on a quiet lane, this century home sits on a very large lot and a rare find for the area. It offers the character of yesterday with the updates of today in a family-friendly neighbourhood close to schools, school bus routes, churches, transit, library, downtown, hospital, all amenities and easy access to 3 major highways. Inside, the elegant high baseboards, doors & window trim speak to the home's heritage. Original hardwood floors in the living and dining rooms have been paired with fresh paint and new lighting. Glass French doors lead from the dining room to a large, south-facing sunroom with wall-to-wall windows; a bright spot to enjoy your morning coffee or year-round relaxing. All three bedrooms have been refreshed with new flooring, paint, light fixtures and blinds. The home is move-in ready. Outside, the huge backyard with its spacious patio is made for entertaining, gardening and family play. The carport is tall enough to fit a full-size motor home or boat storage. This treasure of a home is a must-see. NOTE: The sunroom adds another 170 sq. ft. to your finished living space.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,087/mo
Mortgage $2,400
Monthly Loss $2,456
Principal$632
Interest$1,768
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,032/yr
NOI
$16,982/yr
Net Cash Flow
-$985/mo
Cash Margin
-42.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.8/ 100

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

Comparables

Properties near 5 Grants Lane

Time

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