1953 Highway 2 Road
Bowmanville, Clarington
$2,500,000
Both properties( E12734756 and E12734744) be sold together .Package Price : $ 2 ,500,000 .Seller offering Two adjacent properties, each with separate legal desperations, to be sold together as one package .Property 2: 1953 Highway 2,Town of Clarington, On.Adjacent lot with 226 feet frontage on Highway 2.Features a function shop currently used for parts and second -hand sales. Includes a residential house( requires repairs). Excellent mixed - use potential. Live / work. Rental income. Commercial use.Approximate lot size : 1/5 Acre. High- exposure ovation with excellent visibility. Ample Parking. Easy access to Hwy 418/ 407,401, 7 / Hwy 115Packege Highlights: Combination frontage on highway 2A. Approximately 326 feet.Property 1: 2571 Solina Road, Town of Clarington , ON. Residential raised bungalows. 3- bedrooms. 3- piece and 2 - piece bathrooms. Bright open concept layout. Kitchen with walkout to deck. Spacious living area. Situated on a 3/4 acre corner lot. 144 feet frontage on highway 2. 200amp
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 6-15 |
| Size | 700-1100 sq. ft. |
| Property Tax | $11,200 |
| Lot Size | 141 ft x 186 ft |
| mls© Number | E12734756 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $12,796
- Property tax
- $933
- Heat allowance
- $150
- Housing costs
- $13,879 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$427,000
gross annual household income
- Payment at 4%
- $10,520 / mo
- Cash down
- $500,000
Assumes no other monthly debts · 25-yr amortization
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