$619,000 - 40 Markham Trail, Clarington
Townhouse for Sale in Clarington
45 days on market- MLS Number
- E13082726
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 45
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- Right At Home Realty
Welcome To This Beautiful 2-Storey Corner Unit Townhome, Built In 2016 And Lovingly Maintained By The Original Owners. This Bright And Functional 3 Bedroom, 2 Bathroom Home Offers A Practical Layout With Comfortable Living Space For First-Time Buyers, Growing Families, Or Downsizers Looking For Low-Maintenance Living. The Main Floor Features An Inviting Open-Concept Layout With Stainless Steel Appliances, LED Lighting Throughout, And Tasteful Updates, With Most Renovations Completed In 2019. The Finished Basement Adds Valuable Extra Living Space, Perfect For A Rec Room, Home Office, Gym, Or Kids' Play Area. Upstairs, The Spacious Primary Bedroom Easily Accommodates A King Size Bed With Side Tables And Features A Walk-In Closet. The Additional Two Bedrooms Are Also Generous In Size And Offer Great Flexibility For Family, Guests, Or Work-From-Home Needs. Enjoy New Carpet On The Staircase, A Large Garage With Parking For One Car Plus Extra Storage Space, And An Additional Driveway Parking Spot With No Sidewalk. Visitor Parking Is Also Available. A Fantastic Opportunity To Own A Well-Kept Corner Unit Townhome With Great Space, Parking, And Functionality.
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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.
40 Markham Trail, Clarington
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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
Competitive Pricing
At $563/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 45 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Clarington have shown strong appreciation as families seek more space.
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 $2,579 (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.