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New2 days ago

89 Bluffs Road

Newcastle, Clarington

$589,900

Detached|Bungalow
2 | 2 | 2
About this home

Panoramic Lake Ontario views & resort-style adult living at Wilmot Creek! Nestled along Bluffs Road you can enjoy panoramic lake views from the comfort of your own home, patio, family room and sunroom. Enjoy the spectacular skies and peaceful sight of boats cruising across the lake. This home offers the beauty and tranquility of lakeside living. Step inside this beautifully maintained home and discover a living and dining room with gas fireplace, crown moulding and laminate floors, open to the kitchen. The family room and sunroom provide additional space to relax and take in the breathtaking views. A walkout leads to a private patio nestled beneath mature trees - an idyllic spot for morning coffee, evening drinks or simply enjoying the view. The home features 2 bedrooms and 2 renovated bathrooms, including an ensuite with a double vanity, large shower and heated flooring. Wilmot Creek is an Adult Living Community that offers a vibrant, resort-style lifestyle on the Shores of Lake Ontario! The standard lease covers driveway plowing & road snow removal and gives you access to an incredible array of amenities (including but not limited to a 9-hole golf course, recreation centre, horseshoes, lawn bowling, tennis/pickleball courts, pools, gym, and saunas, etc.) With approx. 100 activities and special interest groups, there is always something to do. The community's walking paths make it easy to enjoy the natural beauty surrounding you. Just a short walk to The Wheelhouse, where many of the community's amenities and activities are centered. 2 large garden/storage sheds included. Easy access to Hwy 401 and Hwy 35/115. Please note the purchase is for the home only and the Buyer will be required to sign a standard lease with Yukon PropCo. Monthly lease is $1300.00 plus an estimated $139.24 for monthly property taxes. New residents are required to establish an account with CARMA submetering, incurring a charge of $45 monthly for water and sewer.

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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$1,671
Lot Size0 ft x 0 ft
mls© NumberE13796954
Listed BySUTTON GROUP-HERITAGE 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%
$3,019
Property tax
$139
Heat allowance
$150
Housing costs
$3,309 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,980
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

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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