218 Flood Avenue
Newcastle, Clarington
$999,999
The Property Located In Highly Sought after Family-Friendly Neighbourhood in Newcastle, Ontario. 218 Flood Ave is a Beautiful 5-bedroom, 4.5 bathroom home. The Main Floor Features a Spacious Living room with a Cozy Fireplace, a Modern Kitchen with all Stainless Steel Appliances. Upstairs, you will find a Master bedroom with His & Hers Walk-In Closets and an Ensuite Bathroom. Additionally, there are 3 more rooms each containing Spacious Closets & Ensuite Bathrooms. This Home is conveniently located near Schools, Parks, Newcastle Golf & Country Club, Recreation Centre & Highways. The Basement was finished by the builder. A lot of Upgrades and Basement windows were upgraded to 36*24" From the Builder.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,730 |
| Lot Size | 37.11 ft x 101.9 ft |
| mls© Number | E13543500 |
| Listed By | RE/MAX ACE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $561
- Heat allowance
- $150
- Housing costs
- $5,829 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$179,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
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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