40 Mclellan Drive, Clarington

$1,225,000
40 Mclellan Drive

$1,225,000

New
22d
Detached2-Storey

40 Mclellan Drive, Clarington

Total Monthly Obligation $5,818

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
22d
Score
15
Yield
3.4%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-E13848858
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-52.61 × 114.05 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,020 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Strive Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-Inground, Salt
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

RARELY OFFERED & ORIGINAL OWNERS! Welcome to one of Courtice's most sought-after streets, where this beautifully maintained all-brick 2-storey home offers the space, lifestyle and setting your family has been waiting for. Proudly cared for by its original owners, this exceptional 3+1 bedroom, 4-bathroom home sits on a beautifully landscaped corner lot and delivers an outdoor setup that is truly made for enjoying life. From the gorgeous front entrance and manicured landscaping to the backyard oasis, every detail invites you to slow down and enjoy time with family and friends. Take a dip in the inground pool, gather around the dining area, relax with a drink or host unforgettable summer evenings with plenty of room for everyone. Inside, natural light fills the beautifully updated kitchen, creating a bright and welcoming space overlooking your incredible backyard. The main living spaces offer the perfect balance of comfort and tranquility, giving the family room to gather around the fireplace, unwind and enjoy everyday living. Upstairs, the beautifully updated primary retreat is a standout, featuring a custom walk-in closet and impressive 5-piece ensuite - your own private space to recharge at the end of the day. The fully finished basement takes entertaining to another level with a full bathroom, additional bedroom that can easily serve as a gym or home office, full wet bar and theatre-style setup. Whether it's game day with friends, movie night with the family or simply having extra space to spread out, this lower level delivers. And then there's the location. Set on an amazing street in Courtice, this home combines a beautiful setting, incredible outdoor living and thoughtfully designed interior spaces in a way that is rarely found. A truly special home, offered for the first time by its original owners - and one you won't want to miss.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$980,000
Land Transfer Taxes$20,975
Legal Fees (Est.)
$
Total cash required for closing$267,475

Total Monthly Obligation

$5,818/mo
Mortgage $4,941
Monthly Loss $4,518
Principal$1,300
Interest$3,641
Property Tax$502
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
5.9%14
10-Year IRR
7.4%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$41,640/yr
NOI
$26,956/yr
Net Cash Flow
-$2,695/mo
Cash Margin
-77.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.0/ 100

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

Comparables

Properties near 40 Mclellan Drive

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.