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Newcastle, Clarington
$549,900
Welcome to this spacious 2-bedroom bungalow with a rare full-height basement and single-car garage, ideally located in the sought-after adult lifestyle community of Wilmot Creek on the shores of Lake Ontario in Clarington. The bright, open-concept layout features vaulted ceilings, large windows, and an abundance of natural light, creating a warm and inviting space for everyday living and entertaining. The main floor offers two spacious bedrooms, two full bathrooms, and convenient main-floor laundry. The primary suite includes a walk-in closet and private 4-piece ensuite, while the second bedroom, located at the opposite end of the home, is perfect for guests, a home office, or hobby room. Shingles replaced in 2017 and a new furnace installed in 2018. Downstairs, the unfinished full-height basement with an existing powder room provides exceptional storage and endless potential to create additional living space, a recreation room, or workshop. Experience the carefree lifestyle Wilmot Creek is known for. Monthly land lease is $1,300 plus estimated 2026 property taxes of $236.84/month ($1,536.84 total), plus a flat-rate water fee of $45/month. The lease includes road and driveway snow removal and access to outstanding amenities, including a golf course, recreation centre, outdoor pool, fitness centre, saunas, tennis courts, lawn bowling, horseshoes, and more. Please note: Maximum occupancy is two adults per home.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,843 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | E13529694 |
| Listed By | Royal Heritage Realty Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,815
- Property tax
- $237
- Heat allowance
- $150
- Housing costs
- $3,202 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,314 / mo
- Cash down
- $109,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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