35-37 Ontario Street, Clarington

Price: $629,900

2 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: E13225400

Perfect for first-time buyers or investors, this property features two distinct units with convenient parking in the back. Choose to occupy one while generating income from the other. Each unit has its own hydro meter. The C1 zoning offers a range of potential uses. Enjoy the prime location, just a short stroll to Bowmanville's historic downtown and all its amenities. See attachments for further information | Roof 2022, Back Deck 2024. Seize this exceptional opportunity today!

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active
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$629,900 - 35-37 Ontario Street, Clarington

Multi-Family for Sale in Clarington

Popular Listing
2Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family
Property Details
MLS Number
E13225400
Property Type
Multi-Family
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Clarington
Listing Brokerage
Exp Realty
Description

Perfect for first-time buyers or investors, this property features two distinct units with convenient parking in the back. Choose to occupy one while generating income from the other. Each unit has its own hydro meter. The C1 zoning offers a range of potential uses. Enjoy the prime location, just a short stroll to Bowmanville's historic downtown and all its amenities. See attachments for further information | Roof 2022, Back Deck 2024. Seize this exceptional opportunity today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,231.71/mo

Includes CMHC insurance ($17,574)

$
$
5%10%50%

5-yr fixed avg.

Principal: $566,910Interest: $385,030
Mortgage Amount$584,484
Total Interest$385,030
Est. Property Tax$446/mo
Total Cost$969,514

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.

Ready to get pre-approved?

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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

35-37 Ontario Street, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,823

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 $420/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.

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 $2,625 (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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    35-37 Ontario Street, Clarington | $629,900 | Battaglia Team