23 Connell Lane 19, Clarington

$555,000
23 Connell Lane 19

$555,000

New
9d
Condo Townhouse2-Storey

23 Connell Lane 19, Clarington

Total Monthly Obligation $2,930

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
21
Yield
5.5%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Condo Townhouse
MLS® Number-E14089572
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$3,803.51 (2026)
Maintenance-$174.77/mo
Locker-None
Parking-2 - Attached
Basement-Unfinished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-Right At Home Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Bowmanville
Title-Residential Condo & Other

No agent assigned

Located in a highly sought-after neighbourhood, this 2-storey townhome features an open concept main floor with a walk-out to a deck ideal for barbequing and a kitchen breakfast bar. On the upper floor are 3 bedrooms including a large primary with walk-in closet and the main bathroom. The basement is currently unfinished allowing you to personalize the space to your needs, with a walk-out to the private fenced backyard. The home is carpet free with plenty of natural light and interior access to the garage from the main floor. Convenient location with easy access to highways 401, 418, 407 and the future GO Train station. Local sports and recreation facilities include the Bowmanville Indoor Soccer and Outdoor Lacross Bowl, Clarington Fields Baseball Centre, the Garnett B. Rickard Recreation Complex and the Alan Strike Aquatic and Squash Centre. Nearby parks, schools, trails, shopping and the historic Downtown Bowmanville round out the area amenities making this townhome a fantastic location with versatility to fit any stage of lifestyle - from first time home buyers and young families to downsizing seniors.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$444,000
Land Transfer Taxes$7,575
Legal Fees (Est.)
$
Total cash required for closing$120,075

Total Monthly Obligation

$2,930/mo
Mortgage $2,239
Monthly Loss $2,341
Principal$589
Interest$1,650
Property Tax$317
Condo Fees$175
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.6%39
10-Year IRR
11.0%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,480/yr
NOI
$19,131/yr
Net Cash Flow
-$644/mo
Cash Margin
-25.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
28.0/ 100

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

Comparables

Properties near 23 Connell Lane 19

Time

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