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Listed 13 days ago

412 - 55 Clarington Boulevard

Bowmanville, Clarington

$511,000

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

Fall in love with modern, affordable living right in the heart of downtown Bowmanville! MODO Condo is an incredibly vibrant development just 35 minutes east of Toronto offering a laid- back atmosphere close to every modern convenience! Browse unique & eclectic shops, take advantage of an abundance of greenspace, restaurants, & GO Train Station! With plenty of space to relax & recharge, the building amenities available are second to none! Host a celebration in one of the well equipped multipurpose rooms, entertain on the rooftop terrace with BBQ, get a workout at the fitness center or yoga studio, or simply unwind in the spacious lounge. At MODO Condo, there always so much within reach! This 1Bed 2Bath unit features an open concept layout with luxury vinyl flooring, Quartz counter, 9' ceiling, Open Balcony & many more!

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$390
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,342
mls© NumberE13595662
Listed ByBAY STREET GROUP INC.
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,616
Property tax
$362
Heat allowance
$150
Condo fees, half counted
$195
Housing costs
$3,322 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $102,200
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,150 / mo
Cash down
$102,200

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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