$699,900 - 14 Penfound Drive, Clarington
Detached for Sale in Clarington
49 days on market- MLS Number
- E13066868
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- RE/MAX Jazz INC.
Welcome to this fully renovated family home in a sought-after Bowmanville neighbourhood. Built in 1987 and completely updated in April 2026, this turnkey property features over 1900 sq ft of finished space, mostly brand new hard surface flooring throughout, fresh paint from top to bottom, and a completely updated interior. The brand new kitchen offers updated cabinetry, countertops, and finishes, while both bathrooms have been thoughtfully renovated with a clean, modern feel. Finished on four levels, the home provides exceptional versatility with three separate living spaces, including a mid-level family room with a cozy gas fireplace and a finished basement offering additional space ideal for a home gym, craft room, or potential fifth bedroom. The layout includes comfortable principal rooms and well-proportioned bedrooms, making it ideal for first-time buyers and growing families. Backing onto open space with no neighbours behind, the property offers added privacy and a peaceful setting. Located on a quiet residential street just minutes from schools, parks, shopping, and only a 2-minute drive to Highway 401, this home is perfect for commuters with easy access to the GTA. Recent updates include a new kitchen (2026), new upstairs bathroom (2026), 2nd updated bathroom (2026), new flooring on 4 levels, freshly painted, all new lighting, new windows throughout (2025), water heater (2025), recently updated furnace and central air conditioning, and upgraded attic insulation for improved year-round comfort and efficiency. A rare opportunity to own a fully updated home in an established community-just move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
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.
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
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.
14 Penfound Drive, Clarington
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Clarington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 49 days on site, this property has exceeded the typical selling timeline for Clarington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Clarington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Clarington. Good resale value as demand remains consistent.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.