72 Parklane Circle, Clarington

Price: $554,500

3 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13447154

Welcome to easy living in the heart of Bowmanville! This bright and inviting 3 storey condo townhouse sits in a wonderful family friendly complex, complete with a full sized basketball court for endless outdoor fun. With a newly paved driveway (2025) and windows approximately 5 years old, this home is ready for its next chapter.Offering 3 generous bedrooms and 1 bathroom, this home is the perfect opportunity for first time buyers, young families, or anyone seeking comfort and convenience.The ground level features a welcoming grand foyer and a versatile recreation room with a walkout to the patio-ideal for a playroom, home office, or additional living space. The second level boasts an open concept kitchen that flows seamlessly into the dining area, while the expansive living room is filled with natural light from oversized windows.Upstairs, you'll find three well sized bedrooms, each with ample closet space. The primary bedroom impresses with a wall to wall closet, offering exceptional storage.Enjoy unbeatable convenience just minutes from the 401, public transit, parks, top rated schools, shopping, walking trails, the library, hospital, restaurants, and Bowmanville's charming historic downtown.Don't miss your chance to own this ideal starter home in a fantastic location.

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$554,500 - 72 Parklane Circle, Clarington

Condo for Sale in Clarington

Neighbourhood: Bowmanville

3Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13447154
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Clarington
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
Coldwell Banker 2M Realty
Description

Welcome to easy living in the heart of Bowmanville! This bright and inviting 3 storey condo townhouse sits in a wonderful family friendly complex, complete with a full sized basketball court for endless outdoor fun. With a newly paved driveway (2025) and windows approximately 5 years old, this home is ready for its next chapter.Offering 3 generous bedrooms and 1 bathroom, this home is the perfect opportunity for first time buyers, young families, or anyone seeking comfort and convenience.The ground level features a welcoming grand foyer and a versatile recreation room with a walkout to the patio-ideal for a playroom, home office, or additional living space. The second level boasts an open concept kitchen that flows seamlessly into the dining area, while the expansive living room is filled with natural light from oversized windows.Upstairs, you'll find three well sized bedrooms, each with ample closet space. The primary bedroom impresses with a wall to wall closet, offering exceptional storage.Enjoy unbeatable convenience just minutes from the 401, public transit, parks, top rated schools, shopping, walking trails, the library, hospital, restaurants, and Bowmanville's charming historic downtown.Don't miss your chance to own this ideal starter home in a fantastic location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,844.87/mo

Includes CMHC insurance ($15,471)

$
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5%10%50%

5-yr fixed avg.

Principal: $499,050Interest: $338,941
Mortgage Amount$514,521
Total Interest$338,941
Est. Property Tax$393/mo
Total Cost$853,462

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

72 Parklane Circle, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$393
Insurance (est.)-$116
Net Cash Flow+$1,601

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 $555/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 15 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.

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.

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 $2,310 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    72 Parklane Circle, Clarington | $554,500 | Battaglia Team