78 Ferris Square, Clarington

Price: $700,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E12946664

Step into your next home, a desirable end unit where the ground level features a versatile den-perfect as a home office, gym, or rec room-complete with a 2-piece bath and a walkout to green backyard oasis. A hardwood staircase leads you to the bright and spacious main living area, filled with natural light, a convenient laundry area, and a 2-piece powder room. The well-designed kitchen offers quartz countertops, a centre island with breakfast bar, and stainless steel appliances, seamlessly flowing into the dining area with a walkout to the balcony through patio doors.The top floor features three generously sized bedrooms with cozy broadloom, including a primary suite with a private 3-piece ensuite and a spacious closet. An additional 4-piece bathroom completes this level-perfect for a growing family or first-time buyers. Don't miss this opportunity!

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$700,000 - 78 Ferris Square, Clarington

Townhouse for Sale in Clarington

78 days on market
3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E12946664
Property Type
Townhouse
Status
active
Days on Site
78
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Clarington
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Description

Step into your next home, a desirable end unit where the ground level features a versatile den-perfect as a home office, gym, or rec room-complete with a 2-piece bath and a walkout to green backyard oasis. A hardwood staircase leads you to the bright and spacious main living area, filled with natural light, a convenient laundry area, and a 2-piece powder room. The well-designed kitchen offers quartz countertops, a centre island with breakfast bar, and stainless steel appliances, seamlessly flowing into the dining area with a walkout to the balcony through patio doors.The top floor features three generously sized bedrooms with cozy broadloom, including a primary suite with a private 3-piece ensuite and a spacious closet. An additional 4-piece bathroom completes this level-perfect for a growing family or first-time buyers. Don't miss this opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

$
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5%10%50%

5-yr fixed avg.

Principal: $630,000Interest: $427,879
Mortgage Amount$649,530
Total Interest$427,879
Est. Property Tax$496/mo
Total Cost$1,077,409

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

78 Ferris Square, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,088

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 $467/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 78 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.

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.

Bathroom Count Matters

With 4 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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    78 Ferris Square, Clarington | $700,000 | Battaglia Team