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Listed 12 days ago

5 Grants Lane

Bowmanville, Clarington

$595,000

Detached|2-Storey
3 | 1 | 3
About this home

Century Charm with Modern Comfort on a Rare Oversized Lot. Set on a quiet lane, this century home sits on a very large lot and a rare find for the area. It offers the character of yesterday with the updates of today in a family-friendly neighbourhood close to schools, school bus routes, churches, transit, library, downtown, hospital, all amenities and easy access to 3 major highways. Inside, the elegant high baseboards, doors & window trim speak to the home's heritage. Original hardwood floors in the living and dining rooms have been paired with fresh paint and new lighting. Glass French doors lead from the dining room to a large, south-facing sunroom with wall-to-wall windows; a bright spot to enjoy your morning coffee or year-round relaxing. All three bedrooms have been refreshed with new flooring, paint, light fixtures and blinds. The home is move-in ready. Outside, the huge backyard with its spacious patio is made for entertaining, gardening and family play. The carport is tall enough to fit a full-size motor home or boat storage. This treasure of a home is a must-see. NOTE: The sunroom adds another 170 sq. ft. to your finished living space.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,747
Lot Size44.27 ft x 164.87 ft
mls© NumberE14087404
Listed ByThe Nook Realty Inc.

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%
$3,045
Property tax
$312
Heat allowance
$150
Housing costs
$3,508 / mo

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

Down payment20% · $119,000
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

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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