29C Lookout Drive, Clarington

$524,900
29C Lookout Drive

$524,900

New
24d
Condo TownhouseStacked Townhouse

29C Lookout Drive, Clarington

Total Monthly Obligation $3,031

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
24d
Score
19
Yield
5.6%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Condo Townhouse
MLS® Number-E13838800
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 29, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$4,548.07 (2026)
Maintenance-$334.62/mo
Locker-None
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-Keller Williams Energy Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Welcome To The 'Crest Model' In The Sought-After Lakebreeze Community, Offering Over 1200 Sq Ft Of Bright, Spacious Living Space, 2 Private Balconies And The Ease Of A Maintenance-Free Lifestyle Just Steps From The Waterfront! The Welcoming Foyer Leads Upstairs To The Bright Main Level, Where Beautiful Hardwood Flooring And Large Windows Create A Warm And Inviting Atmosphere. A Convenient Powder Room And Closet Are Located Just Off The Stairs, While The Well-Appointed Kitchen Features A Large Window And Peninsula With Space For Seating Overlooks The Open-Concept Living And Dining Area. The Living Room Is Filled With Natural Light And Offers A Walkout To A Spacious, Private Balcony With Lake Views And Over 125 Sq Ft Of Outdoor Space, The Perfect Space To Relax Or Entertain Friends And Family! Upstairs, You'll Find The Convenience Of Bedroom-Level Laundry, A Main Bathroom With A Walk-In Shower And Two Bright And Spacious Bedrooms. The Primary Suite Offers A Walk-In Closet With Multiple Windows That Fill The Space With Natural Light, A Private Ensuite, And A Walkout To Your Second Private Balcony, An Additional 56 Sq Ft Of Outdoor Living Space! Sip Your Morning Coffee Overlooking The Lake Or Unwind Under The Stars At The End Of The Day. Enjoy The Relaxed Feel Of Waterfront Living, With The Waterfront Trail Just Steps Away And The Marina And Port Darlington East Beach Easily Accessible Within The Community. Shopping, Restaurants And The 401 Are Also Close By, Making This An Ideal Location For Both Everyday Convenience And Commuters. Leave The Maintenance Behind And Enjoy More Time Soaking Up The Lakeside Lifestyle In This Bright And Beautifully Designed Home. EXTRA: Fridge (2023), Stove (2023), Dishwasher (2023), Microwave (2023), Clothes Washer & Dryer (2023).

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

Closing Costs

Mortgage Amount
$419,920
Land Transfer Taxes$6,973
Legal Fees (Est.)
$
Total cash required for closing$113,453

Total Monthly Obligation

$3,031/mo
Mortgage $2,117
Monthly Loss $2,474
Principal$557
Interest$1,560
Property Tax$379
Condo Fees$335
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.0/ 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
$29,340/yr
NOI
$15,442/yr
Net Cash Flow
-$830/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.3/ 100

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

Comparables

Properties near 29C Lookout Drive

Time

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