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New3 days ago

1585 Townline Road N

Rural Clarington, Clarington

$850,000

Detached|1 1/2 Storey
4 | 2 | 13
About this home

Looking for room to spread out, pursue your hobbies, or finally have the workshop you've always wanted? This 1.99-acre property offers plenty of space and endless possibilities. Set on an impressive 132 ft x 655 ft lot, this property features a 1 1/2-storey, 4-bedroom, 2-bath home with plenty of potential for those looking to renovate, update, or create something truly their own. The property also offers two detached outbuildings, including a detached garage/man cave and an additional detached shop-ideal for the hobbyist, collector, backyard mechanic, or anyone needing extra workspace and storage. With town water and septic, you get the convenience of municipal water while still enjoying the privacy and space of a large country-sized lot. Whether you're looking to renovate the existing home, enjoy the expansive yard, or take advantage of the generous outbuildings, this property offers a rare opportunity to own nearly two acres with incredible flexibility. Bring your ideas, your tools, and your vision-there's room here to make it your own!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,606
Lot Size132.12 ft x 654.44 ft
mls© NumberE13848894
Listed ByRE/MAX Jazz INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,351
Property tax
$467
Heat allowance
$150
Housing costs
$4,968 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $170,000
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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