108 Ontario Street, Clarington, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Bowmanville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 92.98 x 66.01 ft lot size
Description
Prime Development opportunity for investors and builders - this is the one you've been waiting for. Situated on a corner lot at Ontario Street and Albert Street in the heart of Bowmanville, these vacant building lots ( Parts 2 & 3 ) zoned for a brand new semi-detached or detached dwelling, are just steps from the Bowmanville Hospital, Downtown shops, restaurants, cafes, and community events. Set within an established neighbourhood, this lot presents a unique chance to design and build a home tailored to your lifestyle. Whether you're a builder, investor, or future homeowner, the location supports a variety of possibilities. Close to parks, schools, and essential amenities, this location is also well connected for commuters, with nearby public transit options and easy access to Highways 401, 418, and 115. A great opportunity to secure land in a growing community known for its character, walkability, and strong sense of community.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 108 Ontario Street LOT 2 & 3, Clarington, ON L1C 2T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Clarington, ON
For a property listed at $399,900 in Clarington, the legal minimum down payment is $19,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,474 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,474.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
