106 Aspen Springs Drive 210, Clarington

$425,000
106 Aspen Springs Drive 210

$425,000

New
29d
Condo ApartmentApartment

106 Aspen Springs Drive 210, Clarington

Total Monthly Obligation $2,488

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
29d
Score
22
Yield
6.4%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Condo Apartment
MLS® Number-E13825222
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,710.7 (2026)
Maintenance-$347.83/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER - R.M.R. Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBD
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Ready for quick occupancy if needed, this lovely 2 bedroom unit offers a maintenance free lifestyle with the extra perks. Enjoy the covered balcony where you can enjoy your own BBQ. The Party/Meeting room & Exercise room are located in the building on the lower level. There is a children's playground area as well! Great location - close to all amenities!

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

Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,488/mo
Mortgage $1,714
Monthly Loss $2,037
Principal$451
Interest$1,263
Property Tax$226
Condo Fees$348
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.5/ 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
$27,108/yr
NOI
$15,113/yr
Net Cash Flow
-$455/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
31.9/ 100

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

Comparables

Properties near 106 Aspen Springs Drive 210

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.