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Newcastle, Clarington
$361,000
Prime golf course location in the adult gated community of Wilmot Creek, on the shores of Lake Ontario. This 2-bed, 2-bath home has been lovingly cared for. Spacious rooms, natural light, and open concept footprint present an excellent opportunity for you to create your ideal retreat. Sip morning coffee or evening cocktails on the deck while enjoying the scenic tranquil views. Combined with all that the community has to offer, such as a private 9 hole golf course, 2 heated inground swimming pools, tennis/pickle ball courts, gym, pool / snooker tables, darts, shuffleboard, social events, and much more, You're not just buying a home, you're buying a lifestyle. A welcoming resort style environment where neighbours soon become friends. Wilmot Creek is a pet friendly established land leased community-. Lease is $1300.00/mo or you can assume the existing lease at $1,056.14 upon Buyer approval.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,376 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | E13150842 |
| Listed By | HOME CHOICE REALTY INC. |
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%
- $1,848
- Property tax
- $115
- Heat allowance
- $150
- Housing costs
- $2,112 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$65,000
gross annual household income
- Payment at 4%
- $1,519 / mo
- Cash down
- $72,200
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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