4504 Hwy 2 Highway, Clarington

Price: $500,000

3 bedrooms, 1 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12217900

New Price! Opportunity Knocks in the Heart of Newtonville. This detached century home sits on an impressive 64 x 171 ft lot, right in the village core steps to the park, close to commuter routes, and within reach of all the conveniences of town. Ready for your vision, this property is a rare chance to get into the market with land, privacy, and potential.The main floor offers a front living room with vintage wood paneling and plank floors, a spacious eat-in kitchen with side entry, and a family room with walk-out to the backyard. A 3-piece bathroom and laundry room complete the main level. Upstairs, the space is stripped to the subfloor and awaits your finishing touches an ideal blank slate for renovators or investors.Outside, the detached 1.5-car garage with workshop is tucked behind a shared driveway currently fenced by the neighbouring commercial property, limiting vehicle access. Still, the expansive backyard offers loads of storage space, including a unique outbuilding constructed around a mature tree and an older chicken coop attached to the garage.Natural gas heat, central air, town water, and septic system. Offered in its current condition to reflect the opportunity for improvement.Whether you're a first-time buyer ready to roll up your sleeves or an investor looking for your next project, this one is worth a look.

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$500,000 - 4504 Hwy 2 Highway, Clarington

Detached for Sale in Clarington

135 days on market
3Beds
1Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12217900
Property Type
Detached
Status
active
Days on Site
135
Bedrooms
3
Bathrooms
1
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Clarington
Listing Brokerage
ROYAL SERVICE REAL ESTATE INC.
Description

New Price! Opportunity Knocks in the Heart of Newtonville. This detached century home sits on an impressive 64 x 171 ft lot, right in the village core steps to the park, close to commuter routes, and within reach of all the conveniences of town. Ready for your vision, this property is a rare chance to get into the market with land, privacy, and potential.The main floor offers a front living room with vintage wood paneling and plank floors, a spacious eat-in kitchen with side entry, and a family room with walk-out to the backyard. A 3-piece bathroom and laundry room complete the main level. Upstairs, the space is stripped to the subfloor and awaits your finishing touches an ideal blank slate for renovators or investors.Outside, the detached 1.5-car garage with workshop is tucked behind a shared driveway currently fenced by the neighbouring commercial property, limiting vehicle access. Still, the expansive backyard offers loads of storage space, including a unique outbuilding constructed around a mature tree and an older chicken coop attached to the garage.Natural gas heat, central air, town water, and septic system. Offered in its current condition to reflect the opportunity for improvement.Whether you're a first-time buyer ready to roll up your sleeves or an investor looking for your next project, this one is worth a look.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.26/mo

Includes CMHC insurance ($13,950)

$
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5-yr fixed avg.

Principal: $450,000Interest: $305,628
Mortgage Amount$463,950
Total Interest$305,628
Est. Property Tax$354/mo
Total Cost$769,578

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

4504 Hwy 2 Highway, 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)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,342

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 $333/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.

Negotiation Opportunity

At 135 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.

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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    4504 Hwy 2 Highway, Clarington — $500,000 | Battaglia Team