74 Centrefield Drive, Clarington

$749,000
74 Centrefield Drive

$749,000

Price Change
14d
DetachedBacksplit 4

74 Centrefield Drive, Clarington

Total Monthly Obligation $3,757

Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
14d
Score
19
Yield
4.8%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-E13883666
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-54.83 × 98.52 ft
Listed on site-Oct 9, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,327.11 (2025)
Parking-3 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Our Neighbourhood Realty
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate Possession Available
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

Welcome Home! Discover the charm of this inviting brick back split, offering a functional layout and comfortable living spaces throughout. The home features a welcoming exterior, mature landscaping, a spacious front lawn, and a private driveway.Inside, you'll find a bright kitchen with ample cabinetry, generous counter space, classic subway tile backsplash. The adjoining dining area provides a comfortable space for family meals and entertaining, while the open living and dining areas offer flexibility for everyday living.The spacious 3 + 1 bedrooms feature neutral finishes and comfortable carpeting, providing a blank canvas to make each space your own. Both bathrooms offers a practical vanity, ample mirror space, and additional storage.The partially finished basement offers potential for an office and a bedroom along with the laundry room and furnace room.With its warm, neutral colour palette, versatile living areas, and established outdoor setting, this home offers excellent potential for first-time buyers, downsizers, or investors alike.A wonderful opportunity to make this inviting home your own!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,757/mo
Mortgage $3,021
Monthly Loss $2,962
Principal$795
Interest$2,226
Property Tax$361
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,000/yr
NOI
$23,573/yr
Net Cash Flow
-$1,057/mo
Cash Margin
-35.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
22.6/ 100

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

Comparables

Properties near 74 Centrefield 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.