51 Clarington Boulevard 521, Clarington

$649,990
51 Clarington Boulevard 521

$649,990

New
17d
Condo ApartmentApartment

51 Clarington Boulevard 521, Clarington

Total Monthly Obligation $3,402

Bed+Den
3+1
Baths
3
Park
1
Sqft
1000-1199
DOM
17d
Score
18
Yield
4.8%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-E13868938
Bed+Den-3+1
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$580/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE IGNITE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Purchase price inclusive of HST, net the Ontario Enhanced New Housing Rebate! If the purchaser does not meet the eligibility criteria, the purchaser shall pay the full HST to the builder on closing. Welcome to MODO Condo - an incredibly vibrant community just 35 minutes east of Toronto, offering a relaxed lifestyle with every modern convenience at your doorstep. This 2 Bed + Den and 2.5 Bath Corner unit offers a lot of luxury living space and large open balcony space. Enjoy browsing unique and eclectic shops, abundant greenspace, fantastic restaurants, and the convenience of the soon-to-be-built GO Train station nearby. Designed with comfort and lifestyle in mind, the building amenities are truly second to none. Host gatherings in the well-equipped multipurpose rooms, entertain guests on the rooftop terrace with BBQ area, stay active in the fully equipped fitness centre or yoga studio, or simply unwind and recharge in the beautifully designed common spaces. This is urban living with a welcoming, community feel - perfect for those seeking both convenience and comfort.

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

Closing Costs

Mortgage Amount
$519,992
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,973

Total Monthly Obligation

$3,402/mo
Mortgage $2,622
Monthly Loss $2,712
Principal$690
Interest$1,932
Condo Fees$580
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.6%
Returns Index
14.6/ 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
$31,524/yr
NOI
$19,012/yr
Net Cash Flow
-$1,038/mo
Cash Margin
-39.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.0/ 100

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

Comparables

Properties near 51 Clarington Boulevard 521

Time

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Data last updated within the past 24 hours.