51 Clarington Boulevard 402, Clarington

$519,900
51 Clarington Boulevard 402

$519,900

New
21d
Condo ApartmentApartment

51 Clarington Boulevard 402, Clarington

Total Monthly Obligation $2,687

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
21d
Score
24
Yield
6.1%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.6%
Property Type-Condo Apartment
MLS® Number-E13856040
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$390.27/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Heat Pump (Gas)
Brokerage-Real Broker Ontario Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Welcome to this brand new condo offering an exceptional opportunity in the heart of Bowmanville. Located at 51 Clarington Blvd, access this 4th-floor unit via elevator. The unit features a desirable southern exposure, filling the space with natural light throughout the day. The open-concept layout showcases a modern kitchen overlooking the living and dining area, perfect for both everyday living and entertaining. Step out onto the spacious, south facing, balcony to enjoy your morning coffee or unwind in the sunshine. The bright primary bedroom offers direct access to the balcony, along with a walk-in closet and a private 4-piece ensuite. A second bedroom and an additional 4-piece bathroom provide added comfort and flexibility for guests, family, or a home office. An in-unit laundry closet adds everyday convenience, keeping everything you need right at home. Conveniently located close to transit, schools, parks, and everyday amenities, this home offers walkable living in one of Bowmanville's growing communities. Residents also enjoy access to a locker and an impressive selection of building amenities, including a yoga studio, gym, games room, party room, library, meeting room, sundeck, outdoor patio, and dining space. Owned underground parking space and a locker unit. Internet is included in maintenance fee.

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

Closing Costs

Mortgage Amount
$415,920
Land Transfer Taxes$6,873
Legal Fees (Est.)
$
Total cash required for closing$112,353

Total Monthly Obligation

$2,687/mo
Mortgage $2,097
Monthly Loss $2,136
Principal$552
Interest$1,545
Condo Fees$390
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%3
5-Year IRR
13.0%58
10-Year IRR
13.0%
Returns Index
30.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$31,680/yr
NOI
$21,429/yr
Net Cash Flow
-$311/mo
Cash Margin
-11.8%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
32.0/ 100

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

Comparables

Properties near 51 Clarington Boulevard 402

Time

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Data last updated within the past 24 hours.