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Listed 26 days ago

203 Wilmot Trail

Newcastle, Clarington

$699,900

Detached|Bungalow
2 | 2 | 3
About this home

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.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,998
Lot Size0 ft x 0 ft
mls© NumberE13547756
Listed ByROYAL 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.

Down payment20% · $139,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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