74 Caspian Square, Clarington

Price: $699,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: New Construction

MLS#: E12735888

Welcome to this show-stopping 3-bedroom, 3-bathroom townhouse nestled in the highly sought-after Lake breeze community, just moments from the stunning shores of Lake Ontario. Thoughtfully upgraded from top to bottom, this home blends modern design with everyday comfort in all the right ways. Step inside to a bright, airy layout featuring soaring ceilings, sleek hardwood floors, and an abundance of natural light that instantly makes the space feel welcoming. The true heart of the home is the beautifully designed kitchen, complete with stainless steel appliances and plenty of room to cook, host, and entertain with ease. Upstairs, you'll find three generously sized bedrooms, including a serene primary retreat with a walk-in closet and a stylish 3-piece ensuite. The convenience of second-floor laundry adds to the home's smart and functional design. Out back, enjoy your private fenced yard, perfect for summer BBQs, relaxing evenings, and outdoor entertaining. With quick access to Highways 401, 115, and 35, scenic walking trails nearby, and a brand-new park right across the street, this location truly has it all. This is more than a home - it's a lifestyle.

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$699,000 - 74 Caspian Square, Clarington

New Construction for Sale in Clarington

135 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
New Construction
Property Details
MLS Number
E12735888
Property Type
New Construction
Status
active
Days on Site
135
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Listing Brokerage
ROYAL LEPAGE VISION REALTY
Description

Welcome to this show-stopping 3-bedroom, 3-bathroom townhouse nestled in the highly sought-after Lake breeze community, just moments from the stunning shores of Lake Ontario. Thoughtfully upgraded from top to bottom, this home blends modern design with everyday comfort in all the right ways. Step inside to a bright, airy layout featuring soaring ceilings, sleek hardwood floors, and an abundance of natural light that instantly makes the space feel welcoming. The true heart of the home is the beautifully designed kitchen, complete with stainless steel appliances and plenty of room to cook, host, and entertain with ease. Upstairs, you'll find three generously sized bedrooms, including a serene primary retreat with a walk-in closet and a stylish 3-piece ensuite. The convenience of second-floor laundry adds to the home's smart and functional design. Out back, enjoy your private fenced yard, perfect for summer BBQs, relaxing evenings, and outdoor entertaining. With quick access to Highways 401, 115, and 35, scenic walking trails nearby, and a brand-new park right across the street, this location truly has it all. This is more than a home - it's a lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

74 Caspian Square, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,159

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 $635/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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,913 (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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    74 Caspian Square, Clarington — $699,000 | Battaglia Team