5A Lookout Drive, Clarington

Price: $448,888

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13673450

Welcome to Waterfront Living in Bowmanville! Discover the perfect blend of modern style, comfort, and location in this brand new chic stacked condo townhome located steps from the Bowmanville waterfront. Featuring the rate and highly desirable bonus of 2 parking spaces, this 1-bedroom, 1-bathroom home is an exceptional opportunity for first-time buyers, downsizers, or investors. The thoughtfully designed open-concept layout offers a bright and spacious feel, with expansive windows bringing an abundance of natural light throughout the home. The modern kitchen features sleek stainless steel appliances and a large window, creating a bright and inviting space that seamlessly connects to the living area-perfect for both everyday living and entertaining. One of the home's standout features is the private terrace, providing a rear opportunity to extend your living space outdoors. Enjoy your morning coffee, unwind after a long day, or entertain friends while taking in the surrounding neighbourhood.

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$448,888 - 5A Lookout Drive, Clarington

Condo for Sale in Clarington

Popular Listing

Neighbourhood: Bowmanville

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13673450
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Clarington
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to Waterfront Living in Bowmanville! Discover the perfect blend of modern style, comfort, and location in this brand new chic stacked condo townhome located steps from the Bowmanville waterfront. Featuring the rate and highly desirable bonus of 2 parking spaces, this 1-bedroom, 1-bathroom home is an exceptional opportunity for first-time buyers, downsizers, or investors. The thoughtfully designed open-concept layout offers a bright and spacious feel, with expansive windows bringing an abundance of natural light throughout the home. The modern kitchen features sleek stainless steel appliances and a large window, creating a bright and inviting space that seamlessly connects to the living area-perfect for both everyday living and entertaining. One of the home's standout features is the private terrace, providing a rear opportunity to extend your living space outdoors. Enjoy your morning coffee, unwind after a long day, or entertain friends while taking in the surrounding neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.03/mo

Includes CMHC insurance ($12,524)

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5-yr fixed avg.

Principal: $403,999Interest: $274,385
Mortgage Amount$416,523
Total Interest$274,385
Est. Property Tax$318/mo
Total Cost$690,908

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

5A Lookout Drive, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$998

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 $748/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    5A Lookout Drive, Clarington | $448,888 | Battaglia Team