23 Gordon Cowling Street, Clarington

$899,900
23 Gordon Cowling Street

$899,900

New
3d
Detached2-Storey

23 Gordon Cowling Street, Clarington

Total Monthly Obligation $4,554

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
3d
Score
17
Yield
4.6%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-E14100144
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-29.53 × 108.28 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,585 (2026)
Parking-3 - Attached
Basement-Finished, Apartment, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

Welcome to this beautiful turn-key home situated in the most desirable neighbourhood in courtice, freshly painted throughout and thoughtfully designed for family living and entertaining. Conveniently located less than 5 minutes to grocery stores and Hwy 418, and only 10 minutes to all major shopping - this home offers the perfect balance of quiet family living and everyday convenience. The main floor offers a bright, open-concept layout anchored by a lovely kitchen with an abundance of cabinetry, elegant quartz counters, and a large island with double sinks, newly installed pot lights and much more. The kitchen overlooks the breakfast area, which walks out to a deck and fully fenced yard, ideal for indoor-outdoor entertaining. A spacious great room with hardwood floors flows seamlessly from the kitchen and breakfast area, while separate formal living and dining rooms round out an excellent floor plan built for function family living. Upstairs is completely carpet-free, new flooring - showcasing a generous primary suite with a walk-in closet and a luxurious 5-piece ensuite featuring a soaker tub and glass shower. Three additional spacious bedrooms provide plenty of room and a convenient second-floor laundry room with built-in cabinets and a laundry tub adding extra convenience. Direct garage access to the home offers extra convenience year-round with a newly installed garage opener. A standout feature: a brand-new, Legal Basement apartment with its own separate entrance, complete with 1 bedroom, 1 bathroom, a full kitchen, and ensuite laundry - accessed via a paved stone walkway. Ideal as an in-law suite or $1600 plus income-generating rental opportunity. Additional highlights include central a central vacuum system and EV charging wiring already in place. Completely Detached Link Home truly move-in-ready home offering exceptional space, flexibility, and modern comfort.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,554/mo
Mortgage $3,630
Monthly Loss $3,598
Principal$955
Interest$2,675
Property Tax$549
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$41,148/yr
NOI
$25,948/yr
Net Cash Flow
-$1,468/mo
Cash Margin
-42.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.4/ 100

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

Comparables

Properties near 23 Gordon Cowling Street

Time

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