64 Parklane Circle, Clarington

$539,900
64 Parklane Circle

$539,900

New
7d
Condo Townhouse2-Storey

64 Parklane Circle, Clarington

Total Monthly Obligation $3,097

HausQ Valuation Report
Beds
4
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
20
Yield
5.7%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-E14087382
Beds-4
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,653.26 (2026)
Maintenance-$497.9/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Electric)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Welcome to 64 Parklane Circle, a spacious 4-bedroom corner end-unit townhouse backing onto a ravine in the heart of Bowmanville. This well-maintained home offers generous living space, 4 large bedrooms, 2 updated bathrooms, a functional kitchen, and a walkout basement that provides easy access to the outdoors and added living space. Recent improvements include fresh paint, new flooring (2025), smart thermostats (2026), an updated electrical panel (2026), a high-efficiency heat pump and air-conditioning system (2026), attic insulation upgraded in 2026, and updated kitchen cabinets and countertops (2026) Stove & Microwave (2025) Washer and Dryer (2025). The end-unit position provides added privacy and natural light, while the ravine setting creates a peaceful backdrop rarely found in townhouse living. Conveniently located close to schools, parks, shopping, transit, and everyday amenities, this home offers a practical combination of space, comfort, efficiency, and location.

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

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$3,097/mo
Mortgage $2,178
Monthly Loss $2,524
Principal$573
Interest$1,605
Property Tax$221
Condo Fees$498
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.5%32
10-Year IRR
10.3%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,032/yr
NOI
$16,901/yr
Net Cash Flow
-$769/mo
Cash Margin
-29.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.2/ 100

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

Comparables

Properties near 64 Parklane Circle

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.