489 Mearns Avenue, Clarington

Price: $589,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: E13808474

Welcome to Unit 489 Meanrs, a well-kept 3-bedroom, 2-bathroom townhouse in a desirable Bowmanville neighbourhood. This inviting home offers a practical layout with comfortable living spaces, making it an excellent choice for first-time buyers, families, downsizers, or anyone looking for a convenient place to call home.The main level features a bright and functional open-concept design with a spacious living room, well-equipped kitchen, and dedicated dining area. The layout provides an easy flow for both everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a comfortable primary bedroom with good closet space.The finished lower level provides additional living space that can be used as a recreation room, family room, home office, children's play area, or guest space. Step outside to enjoy the private backyard, offering a great spot to relax, entertain, or enjoy some fresh air.Conveniently located close to schools, parks, shopping, restaurants, public transit, and major highways, this home provides easy access to everyday amenities and commuter routes. A great opportunity to own a comfortable and versatile home in a growing Bowmanville community.

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$589,000 - 489 Mearns Avenue, Clarington

Townhouse for Sale in Clarington

Neighbourhood: Bowmanville

3Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse

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Property Details
MLS Number
E13808474
Property Type
Townhouse
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Taxes (2025)
$3,808
Listing Brokerage
HOMELIFE DISTRICT REALTY
Description

Welcome to Unit 489 Meanrs, a well-kept 3-bedroom, 2-bathroom townhouse in a desirable Bowmanville neighbourhood. This inviting home offers a practical layout with comfortable living spaces, making it an excellent choice for first-time buyers, families, downsizers, or anyone looking for a convenient place to call home.The main level features a bright and functional open-concept design with a spacious living room, well-equipped kitchen, and dedicated dining area. The layout provides an easy flow for both everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a comfortable primary bedroom with good closet space.The finished lower level provides additional living space that can be used as a recreation room, family room, home office, children's play area, or guest space. Step outside to enjoy the private backyard, offering a great spot to relax, entertain, or enjoy some fresh air.Conveniently located close to schools, parks, shopping, restaurants, public transit, and major highways, this home provides easy access to everyday amenities and commuter routes. A great opportunity to own a comfortable and versatile home in a growing Bowmanville community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

$
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5%10%50%

5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bowmanville

Discover Bowmanville

Bowmanville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bowmanville

  • •Convenient location in Clarington
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Bowmanville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

489 Mearns Avenue, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$2,010

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $535/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Clarington have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Bowmanville

I know Bowmanville well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Clarington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    489 Mearns Avenue, Clarington | $589,000 | Battaglia Team