Townhouses for Sale in Clarington, ON

Bowmanville, Courtice and Rural Clarington are Clarington's most popular neighbourhoods. We assess how much interest there is for a neighbourhood by looking at various statistics. Popularity is typically determined by assessing the following - the average sale price, average number of days that a home sits on market, plus the proportion of homes that have sold over asking.

The priciest neighbourhoods in Clarington are Rural Clarington, Tyrone and Enniskillen. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. If you're looking for cheaper options though - Courtice, Newcastle and Hampton also have great properties, but at much better value.

You may be surprised to discover that Wilmot Creek, Orono and Bowmanville are Clarington's most affordable neighbourhoods. Neighbourhoods are ranked by assessing the average sold price during the past 12 months. In comparison, the average house in Clarington is selling for about $1,025,021.

Aside from mortgage payments, owning a house in Clarington will require that you pay an annual property tax. This tax helps pay for a variety of services, including garbage collection and snow removal. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Clarington homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold homes. For instance, if your home's market value is $800,000 and the municipality's property tax rate is 0.5%, you'd pay $4,000 that year.

The go-to website for your Clarington real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. From the average sale price to appreciation rates - Strata.ca gives you the power to learn every aspect of the neighbourhoods you're interested in.

Clarington has a walk score of 42, meaning it's much easier to get around the city with a car than by foot. Meanwhile, the transit score is 47 - indicating that only a few options exist when it comes to public transportation. And the bike score is 46, meaning there is minimal bike infrastructure.

All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Clarington. Closing costs cannot be rolled into your mortgage. But rather, these are charges paid upfront on the day of closing. To be safe, budget about 2% of the purchase price. For instance, if you're buying a Clarington house for $800,000 - then at least $16,000 should be set aside. In Canada, all buyers are required to pay a land transfer tax when closing on a property. If this is your first home, you can reduce closing costs by applying for a government rebate. Under this program, first-time homebuyers are reimbursed a portion of the land transfer tax. And finally, when buying a home in Clarington, you'll need a real estate lawyer to close the deal. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.