90 Erskine Drive, Clarington

$790,000
90 Erskine Drive

$790,000

New
18d
DetachedBungaloft

90 Erskine Drive, Clarington

Total Monthly Obligation $4,008

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
18d
Score
18
Yield
4.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-E13864618
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-32.81 × 106.63 ft
Listed on site-Oct 5, 2026
Style-Bungaloft
Building Type-Detached
Taxes-$5,351 (2025)
Parking-5 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Block
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Newcastle
Title-Residential Freehold

No agent assigned

Storybook Charm Meets Modern Comfort In This Beautifully Maintained 3 Bedroom, 3 Bath Bungaloft Located In One Of Newcastle's Most Sought-After Neighbourhoods! Offering 1,716 Sq. Ft. Of Thoughtfully Designed Living Space, This Charming "Yarrow Model" Is Perfect For Families, Professionals, Downsizers And Investors Alike. An Inviting Covered Front Porch, Double Door Entry And Impressive Open-To-Above Foyer Set The Tone For This Warm And Welcoming Home. The Bright Open Concept Main Level Features A Stunning Kitchen With Centre Island And Glass Backsplash Overlooking The Breakfast Area And Cozy Family Room With Gas Fireplace And Walk-Out To A Private Backyard Retreat. Upstairs, Two Generously Sized Bedrooms Are Complemented By A Versatile Loft Area Ideal For A Home Office, Media Room Or Additional Living Space. Step Outside And Enjoy A Beautifully Landscaped, Fully Fenced Yard Featuring Two Decks, No Carpet Throughout, A Charming Gazebo And Gorgeous Perennial Gardens That Return Year After Year, Creating A Serene Setting For Re laxing And Entertaining. The Unfinished Basement Offers Endless Possibilities To Create The Space Of Your Dreams And Includes A Unique Handcrafted Arts And Crafts Room, Large Cold Cellar And Rough-In For A Future Bathroom. New 2024 Top Of The Line AC. Ideally Located Just Steps To Parks, Transit, Recreation Facilities, Schools, And Newcastle's Historic Downtown Filled With Charming Shops, Cafes And Restaurants. Enjoy The Perfect Blend Of Small-Town Charm And Modern Convenience With Easy Access To Hwy 401. A Rare Opportunity To Own A Home That Offers Comfort, Character And Endless Possibilities.

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

Closing Costs

Mortgage Amount
$632,000
Land Transfer Taxes$12,275
Legal Fees (Est.)
$
Total cash required for closing$171,775

Total Monthly Obligation

$4,008/mo
Mortgage $3,187
Monthly Loss $3,169
Principal$839
Interest$2,348
Property Tax$446
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,896/yr
NOI
$24,255/yr
Net Cash Flow
-$1,165/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.4/ 100

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

Comparables

Properties near 90 Erskine Drive

Time

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Data last updated within the past 24 hours.