495 Mearns Avenue, Clarington

$589,000
495 Mearns Avenue

$589,000

New
29d
Att/Row/Townhouse2-Storey

495 Mearns Avenue, Clarington

Total Monthly Obligation $3,068

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
29d
Score
23
Yield
6.0%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Att/Row/Townhouse
MLS® Number-E13826112
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-49.45 × 74.47 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,808 (2025)
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE DISTRICT REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-tbd
Neighbourhood-Bowmanville
Title-Residential Freehold

No agent assigned

Welcome to this inviting 3-bedroom, 2-bathroom townhouse nestled in a welcoming Bowmanville neighbourhood. Designed with everyday comfort and functionality in mind, this home offers a well-planned layout, contemporary finishes, and plenty of space for the whole family.The main level features a bright open-concept design with a spacious living area, modern kitchen, and dedicated dining space, creating an ideal setting for both daily living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a primary bedroom with excellent closet space.The finished lower level provides additional living space that can easily be customized to suit your needs-whether used as a recreation room, home office, children's play area, or guest retreat. Step outside to your private backyard, offering a pleasant space for outdoor relaxation, gardening, or summer gatherings.Conveniently located near schools, parks, shopping, dining, public transit, and major roadways, this home combines comfortable living with easy access to everyday amenities. Whether you're a first-time buyer, growing family, or looking for a versatile home, this Bowmanville property is ready to welcome you.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$471,200
Land Transfer Taxes$8,255
Legal Fees (Est.)
$
Total cash required for closing$127,555

Total Monthly Obligation

$3,068/mo
Mortgage $2,376
Monthly Loss $2,443
Principal$625
Interest$1,751
Property Tax$317
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.5%54
10-Year IRR
12.6%
Returns Index
28.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$35,268/yr
NOI
$23,433/yr
Net Cash Flow
-$423/mo
Cash Margin
-14.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
28.6/ 100

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

Comparables

Properties near 495 Mearns Avenue

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.