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Newcastle, Clarington
$699,900
Located In The Adult Gated Community Of Wilmot Creek on the shores of Lake Ontario, This 2 Bed, 2 Bath, Garage Home Boasts Vaulted Ceilings, Crown Molding, pot lights, Gleaming Harwood Floors, & Open Concept. Large front porch overlooks lovely gardens and fountain. The oversized kitchen is open to the Great Room with a convenient breakfast bar. The Bright and Airy kitchen has loads of counter and storage space, pot drawers + a full height, double door pantry. A sliding door opens to the deck, gas barbecue [incl] and outside eating area. The 4-season sunroom provides a bright additional sitting room that also opens to the deck. And what a deck! Stretching across the full back of the house with a gazebo, overlooking a huge Willow Tree, it is a truly Beautiful spot for morning coffee or evening nightcap. Interior garage access to heated garage with storage and work area. Superb! Golf cart shed has hydro. Buyer has option to sign new lease at 1300 per month or assume sellers existing lease for 955.45 per month.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $1,998 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | E13547756 |
| 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%
- $3,582
- Property tax
- $166
- Heat allowance
- $150
- Housing costs
- $3,899 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$120,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
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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