51 Clarington Boulevard Unit 1124, Clarington

Price: $704,990

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13086354

Motivated Seller! Willing to Review Any Offers! Welcome to MODO Condo - an incredibly vibrant community just 35 minutes east of Toronto, offering a relaxed lifestyle with every modern convenience at your doorstep. This 2 Bed + Den and 2 Bath corner unit offers a lot of luxury living space and large open balcony space. Enjoy browsing unique and eclectic shops, abundant greenspace, fantastic restaurants, and the convenience of the soon-to-be-built GO Train station nearby. Designed with comfort and lifestyle in mind, the building amenities are truly second to none. Host gatherings in the well-equipped multipurpose rooms, entertain guests on the rooftop terrace with BBQ area, stay active in the fully equipped fitness centre or yoga studio, or simply unwind and recharge in the beautifully designed common spaces. This is urban living with a welcoming, community feel - perfect for those seeking both convenience and comfort. Greate Opportunity for 1st time home buyers - this unit purchase will qualify for HST rebate!

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$704,990 - 51 Clarington Boulevard Unit 1124, Clarington

Condo for Sale in Clarington

39 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13086354
Property Type
Condo
Status
active
Days on Site
39
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Clarington
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Motivated Seller! Willing to Review Any Offers! Welcome to MODO Condo - an incredibly vibrant community just 35 minutes east of Toronto, offering a relaxed lifestyle with every modern convenience at your doorstep. This 2 Bed + Den and 2 Bath corner unit offers a lot of luxury living space and large open balcony space. Enjoy browsing unique and eclectic shops, abundant greenspace, fantastic restaurants, and the convenience of the soon-to-be-built GO Train station nearby. Designed with comfort and lifestyle in mind, the building amenities are truly second to none. Host gatherings in the well-equipped multipurpose rooms, entertain guests on the rooftop terrace with BBQ area, stay active in the fully equipped fitness centre or yoga studio, or simply unwind and recharge in the beautifully designed common spaces. This is urban living with a welcoming, community feel - perfect for those seeking both convenience and comfort. Greate Opportunity for 1st time home buyers - this unit purchase will qualify for HST rebate!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,616.96/mo

Includes CMHC insurance ($19,669)

$
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5%10%50%

5-yr fixed avg.

Principal: $634,491Interest: $430,929
Mortgage Amount$654,160
Total Interest$430,929
Est. Property Tax$499/mo
Total Cost$1,085,089

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

51 Clarington Boulevard Unit 1124, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$499
Insurance (est.)-$147
Net Cash Flow+$1,464

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 $705/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 39 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,937 (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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    51 Clarington Boulevard Unit 11… — $704,990 | Battaglia Team