2263 Hwy 2 N/A, Clarington

Price: $2,599,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12843468

Location doesn't get better than this. A rare and highly coveted infill development opportunity offering 2.124 acres with an impressive 210.48 ft of frontage on prime Hwy 2 strategically positioned between Watson Farms and Maple Grove Road. This site is surrounded by significant growth and key amenities, just minutes from major retail power centers including Walmart, Superstore, and Home Depot, as well as multiple sports complexes, the future GO Station, and the new Durham Region Police Headquarters. Situated on public transit routes, the property also features an existing bungalow offering potential for interim rental income. Flexible closing available. This opportunity checks all the boxes for investors and developers looking to capitalize on Bowmanville's rapid expansion. Extras: Gas on property, Municipal water available at lot line, property is currently well and septic.

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$2,599,000 - 2263 Hwy 2 N/A, Clarington

Detached for Sale in Clarington

104 days on market
3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12843468
Property Type
Detached
Status
active
Days on Site
104
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Listing Brokerage
KELLER WILLIAMS ENERGY REAL ESTATE
Description

Location doesn't get better than this. A rare and highly coveted infill development opportunity offering 2.124 acres with an impressive 210.48 ft of frontage on prime Hwy 2 strategically positioned between Watson Farms and Maple Grove Road. This site is surrounded by significant growth and key amenities, just minutes from major retail power centers including Walmart, Superstore, and Home Depot, as well as multiple sports complexes, the future GO Station, and the new Durham Region Police Headquarters. Situated on public transit routes, the property also features an existing bungalow offering potential for interim rental income. Flexible closing available. This opportunity checks all the boxes for investors and developers looking to capitalize on Bowmanville's rapid expansion. Extras: Gas on property, Municipal water available at lot line, property is currently well and septic.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,496.25/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,079,200Interest: $1,369,676
Mortgage Amount$2,079,200
Total Interest$1,369,676
Est. Property Tax$1,841/mo
Total Cost$3,448,876

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

2263 Hwy 2 N/A, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,841
Insurance (est.)-$541
Net Cash Flow+$418

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

Premium Pricing

At $2363/sqft, this property is priced above the Clarington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 104 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.

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.

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 $10,829 (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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    MLS# E12843468 — 2263 Hwy 2 N/A | Battaglia Team