51 Clarington Boulevard 613, Clarington

$399,990
51 Clarington Boulevard 613

$399,990

New
29d
Condo ApartmentApartment

51 Clarington Boulevard 613, Clarington

Total Monthly Obligation $2,096

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
29d
Score
22
Yield
5.5%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-E13822456
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$282.41/mo
Locker-None
Parking-None
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Brand New! Low Maintenance Fees! Welcome to Modo 51, Bowmanville's exciting new condominium community, where contemporary design meets exceptional amenities and everyday convenience. This beautifully appointed 1-bedroom + den suite offers a thoughtfully designed layout with 9-foot ceilings, a large private balcony, quartz countertops, luxury vinyl flooring throughout, and ensuite laundry.Enjoy an impressive collection of amenities designed to make everyday living feel effortless, including 24-hour concierge service, a spectacular 7th-floor rooftop terrace with BBQs, fitness centre, yoga studio, games/party room, library and spacious resident lounge. Multiple indoor and outdoor gathering spaces provide the perfect setting to entertain friends, relax with a coffee or enjoy the fresh air.The unit comes with 5 new appliances and one parking space, high-speed internet is included in the maintenance fees for added convenience.Ideally situated near the 401 and future GO Train station, with restaurants, grocery stores, shopping, entertainment and everyday conveniences all within easy reach. This brand-new suite offers an exciting opportunity to experience modern condo living in the heart of Bowmanville!

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

Closing Costs

Mortgage Amount
$319,992
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,973

Total Monthly Obligation

$2,096/mo
Mortgage $1,613
Monthly Loss $1,671
Principal$425
Interest$1,189
Condo Fees$282
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$21,852/yr
NOI
$13,878/yr
Net Cash Flow
-$457/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
35.6/ 100

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

Comparables

Properties near 51 Clarington Boulevard 613

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.