23 Meredith Court, Clarington

$768,725
23 Meredith Court

$768,725

New
4d
Detached2-Storey

23 Meredith Court, Clarington

Total Monthly Obligation $3,869

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
4d
Score
19
Yield
5.0%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-E14096010
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-43.84 × 117 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,720 (2025)
Parking-5.5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Rec Room
Pool-None
Facing-East
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

Court Living At Its Best! Welcome to 23 Meredith Court, an exceptional 3+1 bedroom, 3-bathroom detached home tucked away at the end of a quiet and exceptionally private cul-de-sac in a desirable Courtice family neighbourhood. Set on a premium pie-shaped lot with no sidewalk and rare 5-car parking, this extensively renovated home offers an outstanding combination of privacy, space, style and modern comfort. Renovated from top to bottom, inside and out, the home features quality finishes, contemporary design and thoughtful updates throughout. The spacious layout offers generous principal rooms, ample closet space and flexible living areas ideal for a growing family, guests, a home office or additional living space. The updated kitchen provides a stylish and functional setting for everyday living and entertaining, complemented by 3 beautifully renovated bathrooms and pot lights throughout. Outside, the fully fenced pie-shaped backyard offers exceptional privacy, a large deck, garden shed and plenty of room for family enjoyment. Beautifully landscaped front and rear yards enhance the curb appeal and create a private outdoor retreat. The attached garage features an updated electrical panel and garage door opener for added convenience. Perfectly positioned at the end of a quiet court with minimal traffic, no sidewalk and exceptional parking, this rare offering provides peaceful family living close to schools, parks, shopping, dining and everyday amenities. Flexible closing available to accommodate your needs. 3+1 Bedrooms | 3 Bathrooms | Detached | Premium Pie-Shaped Lot | Rare 5-Car Parking | No Sidewalk | Extensively Renovated | End-of-Cul-de-Sac Privacy | Beautifully Landscaped | Flexible Closing Available | Court Living At Its Best!

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

Closing Costs

Mortgage Amount
$614,980
Land Transfer Taxes$11,850
Legal Fees (Est.)
$
Total cash required for closing$167,095

Total Monthly Obligation

$3,869/mo
Mortgage $3,101
Monthly Loss $3,053
Principal$816
Interest$2,285
Property Tax$393
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.3/ 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
$38,148/yr
NOI
$25,113/yr
Net Cash Flow
-$1,008/mo
Cash Margin
-31.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.4/ 100

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

Comparables

Properties near 23 Meredith Court

Time

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