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49 Centre Street, Bowmanville

Price

$699,900

Bedrooms1 Beds

Bathrooms1 Baths

Size700-1100 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$4354.41

Maintenance FeesNot listed

Explore A Virtual Tour

Description

A rare and unique opportunity in Old Bowmanville for downsizers, investors, and custom home builders alike. This property offers significant flexibility: Move into the current, updated bungalow, purchase, hold, and rent as a long-term investment, construct your dream home on the deep, premium lot or utilize recent Planning Act changes to build up to three residential units on a single property, either within the main structure, a separate accessory building, or a combination of both. The charming bungalow is situated on a 58.45 ft x 181 ft lot, within walking distance to local amenities and features an updated kitchen with a large island, quartz counters, stainless steel appliances, and a walkout to a back deck and private rear yard. Open-concept living room, formal dining room with original pillared entry (can be converted into a second bedroom). Large primary suite with a walk-in closet and stackable main floor ensuite laundry, modern three-piece bathroom with a large glass shower with rain head. Exterior entry to basement (lower head room/not suitable for finishing). High-efficiency forced air gas heating and central air conditioning. Don't miss this opportunity in a prime location a stone's throw to all downtown shops and amenities mins to 407/401 and under 1 hour to downtown Toronto.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$2,878 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$559,920

Total Interest Payments

$345,225

Total Payment (Principal + Interest)

$905,145

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together