183 Church Street N, Clarington

$599,000
183 Church Street N

$599,000

New
4d
DetachedBungalow

183 Church Street N, Clarington

Total Monthly Obligation $3,088

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
4d
Score
32
Yield
7.2%
Cash on Cash
7.3%
Cap Rate
6.2%
5Y IRR
21.4%
10Y IRR
19.5%
Property Type-Detached
MLS® Number-E14092520
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-66 × 109.48 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,563 (2025)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal Heritage Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick Front
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-90-120 days TBD
Neighbourhood-Orono
Title-Residential Freehold

No agent assigned

Charming Bungalow in the Heart of Orono. Welcome to this adorable 2+1 bedroom bungalow nestled on a quiet street in the charming community of Orono. Perfect for first-time buyers, downsizers, or anyone seeking small-town living, this home is ideally located within walking distance to downtown shops, local amenities, and close to school. Situated on a generous corner lot, the property offers plenty of outdoor space, a detached garage, and a powered shed, perfect for hobbies, storage, or a workshop. Enjoy your morning coffee or unwind at the end of the day on the covered deck, accessible through the walkout from the home. Inside, you'll find a renovated bathroom and a functional layout full of warmth and comfort. The kitchen is ready for your personal touch and presents an excellent opportunity to design, refresh and choose all the materials and finishes. A cute, affordable home with great potential in a desirable location. Peace of mind with brand new septic installed in 2025 - a valuable upgrade for the next homeowner. Don't miss your chance to make this home your own!

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,088/mo
Mortgage $2,416
Monthly Loss $2,452
Principal$636
Interest$1,780
Property Tax$297
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.1%39
Cash-on-Cash
1.4%10
5-Year IRR
16.8%81
10-Year IRR
16.1%
Returns Index
44.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$43,200/yr
NOI
$30,817/yr
Net Cash Flow
$152/mo
Cash Margin
4.2%10
Cash Flow Index
10.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0632
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
33.9/ 100

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

Comparables

Properties near 183 Church Street N

Time

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