80 Aspen Springs Drive 320, Clarington

$449,900
80 Aspen Springs Drive 320

$449,900

New
21d
Condo ApartmentApartment

80 Aspen Springs Drive 320, Clarington

Total Monthly Obligation $2,723

Beds
2
Baths
2
Park
2
Sqft
700-799
DOM
21d
Score
22
Yield
6.8%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Condo Apartment
MLS® Number-E13855662
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,548.05 (2026)
Maintenance-$412.12/mo
Locker-None
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL HERITAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Vinyl Siding
Possession-TBA
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

2 perfect! This 2 bed, 2 bath condo has 2 parking spaces! Featuring solid modern finishes throughout, this gorgeous unit is perfect for first time buyers, downsizers, or empty nesters. Great location steps to schools, shops and restaurants, planned GO train station and a short drive to big box shopping, HWY 401 and Garnet Rickard Recreation Complex. Parking spots are very convenient and right next to handicapped space at front building below unit. Unbelievable value, a must see! (Please note gym floor currently being replaced.)

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,723/mo
Mortgage $1,815
Monthly Loss $2,245
Principal$478
Interest$1,337
Property Tax$296
Condo Fees$412
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.1%2
5-Year IRR
11.8%48
10-Year IRR
12.1%
Returns Index
25.1/ 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
$30,804/yr
NOI
$16,830/yr
Net Cash Flow
-$412/mo
Cash Margin
-16.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
30.4/ 100

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

Comparables

Properties near 80 Aspen Springs Drive 320

Time

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Data last updated within the past 24 hours.