143 Cornish Drive E, Clarington

$609,000
143 Cornish Drive E

$609,000

New
5d
Att/Row/Townhouse2-Storey

143 Cornish Drive E, Clarington

Total Monthly Obligation $3,098

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
5d
Score
22
Yield
5.7%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Att/Row/Townhouse
MLS® Number-E14093174
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.78 × 113.48 ft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$3,200 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-60-90 Days
Neighbourhood-Courtice
Title-Residential Freehold

No agent assigned

Beautifully Updated 3-Bedroom, 3-Bathroom Townhome In A Highly Sought-After Courtice Community! Step Into A Bright And Welcoming Open-Concept Main Floor Featuring Elegant Hardwood Flooring, Abundant Natural Light, And A Stylishly Renovated Kitchen Overlooking The Spacious Living And Dining Area. Walk Out To A Private Deck And Fully Fenced Backyard - Perfect For Entertaining Or Relaxing. The Generous Primary Bedroom Offers Excellent Storage Space, While The Finished Family-Sized Basement Provides The Ideal Setting For A Recreation Room, Home Theatre, Or Games Area. Numerous Recent Upgrades Throughout The Main And Upper Levels Make This Home Truly Move-In Ready!

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

Closing Costs

Mortgage Amount
$487,200
Land Transfer Taxes$8,655
Legal Fees (Est.)
$
Total cash required for closing$131,955

Total Monthly Obligation

$3,098/mo
Mortgage $2,457
Monthly Loss $2,452
Principal$646
Interest$1,810
Property Tax$267
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.1%51
10-Year IRR
12.3%
Returns Index
26.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$34,848/yr
NOI
$23,663/yr
Net Cash Flow
-$485/mo
Cash Margin
-16.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
28.1/ 100

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

Comparables

Properties near 143 Cornish Drive E

Time

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Data last updated within the past 24 hours.