2111 Prestonvale Road, Clarington

Price: $849,900

5 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13096416

Attention Builders!!! Welcome To 2111 Prestonvale Rd, Courtice, So Much Potential! 100 Feet X 225 Feet Lot With Development Potential Surrounded By New Subdivisions. This 1374 Sq. Ft 3+2 Bedroom Brick And Stone Bungalow Plus A Large Sunroom With Finished 2 Bedroom Basement. Very Solid Construction. Massive Back Yard Where You Can Create Endless Adventures! Heat Pump(2023) Provides Whole House Air Conditioning And Heat, With Baseboard Heating Only Used As Backup. Large Sunroom Where You Can Spend All Day Bird Watching. Recent Bathroom Renovation With Large Walk-In Shower Stall, Backyard Newly Fenced. Finished Basement With Separate Entrance. Agricultural Zoning Allows A Large Detached Garage To Be Built With Potential For A Garden Suite. 200 Amp Service To The Home. Current Parking For 4 Cars With Room To Accommodate More. Sewer On Prestonvale In Front Of The Property.

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$849,900 - 2111 Prestonvale Road, Clarington

Detached for Sale in Clarington

42 days on market
5Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13096416
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
5
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Attention Builders!!! Welcome To 2111 Prestonvale Rd, Courtice, So Much Potential! 100 Feet X 225 Feet Lot With Development Potential Surrounded By New Subdivisions. This 1374 Sq. Ft 3+2 Bedroom Brick And Stone Bungalow Plus A Large Sunroom With Finished 2 Bedroom Basement. Very Solid Construction. Massive Back Yard Where You Can Create Endless Adventures! Heat Pump(2023) Provides Whole House Air Conditioning And Heat, With Baseboard Heating Only Used As Backup. Large Sunroom Where You Can Spend All Day Bird Watching. Recent Bathroom Renovation With Large Walk-In Shower Stall, Backyard Newly Fenced. Finished Basement With Separate Entrance. Agricultural Zoning Allows A Large Detached Garage To Be Built With Potential For A Garden Suite. 200 Amp Service To The Home. Current Parking For 4 Cars With Room To Accommodate More. Sewer On Prestonvale In Front Of The Property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

$
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5%10%50%

5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

2111 Prestonvale Road, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,821

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 $773/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 42 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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Clarington.

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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    2111 Prestonvale Road, Clarington | $849,900 | Battaglia Team