12 A Lookout Drive Unit 12A, Clarington

Price: $385,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13103082

Welcome to this charming 1-bedroom flat in the highly desirable community of South Bowmanville, offering stunning views of the lake and an unbeatable opportunity for first-time buyers or savvy renters ready to step into homeownership. Say goodbye to shovelling snow and maintaining gardens-this low-maintenance lifestyle lets you focus on your busy schedule while enjoying scenic walking paths, nearby parks, and convenient access to schools and local amenities. Inside, the thoughtfully designed floor plan maximizes space and comfort, featuring modern finishes, stylish upgrades, and an abundance of natural light that fills the home with warmth and energy. And here's a rare bonus: TWO owned parking spaces-an incredible find at this price point. Whether you're looking to invest or finally make the move into ownership, this is your chance. For this price, why rent when you can own? Don't miss this opportunity to enter the market and enjoy lakeside living at its finest!

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$385,000 - 12 A Lookout Drive Unit 12A, Clarington

Condo for Sale in Clarington

35 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13103082
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Clarington
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
Strive Realty Ltd.
Description

Welcome to this charming 1-bedroom flat in the highly desirable community of South Bowmanville, offering stunning views of the lake and an unbeatable opportunity for first-time buyers or savvy renters ready to step into homeownership. Say goodbye to shovelling snow and maintaining gardens-this low-maintenance lifestyle lets you focus on your busy schedule while enjoying scenic walking paths, nearby parks, and convenient access to schools and local amenities. Inside, the thoughtfully designed floor plan maximizes space and comfort, featuring modern finishes, stylish upgrades, and an abundance of natural light that fills the home with warmth and energy. And here's a rare bonus: TWO owned parking spaces-an incredible find at this price point. Whether you're looking to invest or finally make the move into ownership, this is your chance. For this price, why rent when you can own? Don't miss this opportunity to enter the market and enjoy lakeside living at its finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,975.25/mo

Includes CMHC insurance ($10,742)

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5%10%50%

5-yr fixed avg.

Principal: $346,500Interest: $235,333
Mortgage Amount$357,242
Total Interest$235,333
Est. Property Tax$273/mo
Total Cost$592,575

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: Clarington

Discover Clarington

Clarington 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 Clarington

  • 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

Clarington 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

12 A Lookout Drive Unit 12A, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$1,057

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 $642/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 35 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.

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.

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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    12 A Lookout Drive Unit 12A, Cl… — $385,000 | Battaglia Team