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Listed 1 month ago

59 Marret Lane

Newcastle, Clarington

$679,900

Freehold Townhouse|3-Storey
3 | 4 | 2
About this home

Ideally situated in the heart of the highly desirable Newcastle community, this brand-new, never-lived-in executive townhouse offers a fantastic opportunity to own a turnkey luxury home at an incredible price point. For a limited time, buyers can take advantage of a rare, time-sensitive HST credit incentive on these brand-new homes, delivering exceptional savings. It is the perfect chance to skip the construction delays, maximize your investment, and move right into a space defined by superior craftsmanship and modern design.The residence beautifully blends sophisticated elegance with a highly functional layout, starting with an open-concept main level featuring premium hardwood floors and elegant pot lights. The upgraded kitchen is beautifully finished with sleek quartz countertops and backsplash, and a walk-out to a private deck that provides a seamless connection to the outdoors.Designed for premium privacy, the second floor features two spacious bedrooms, both offering the luxury of their own dedicated ensuite bathrooms and ample double closets, situated alongside a convenient second-floor laundry room. Ascending to the third floor, you will discover a truly unique and versatile loft space that can easily serve as a grand third bedroom, a sophisticated home office, or a quiet media retreat. This level is a major standout feature of the property, complete with its own 3-piece ensuite and a walk-out to a private balcony, offering a quiet escape at the top of the house.The finished lower level adds valuable extra living space with high-quality laminate flooring and a direct walk-out to the backyard. With luxurious hardwood throughout the primary living areas and inside access to the garage, this home effortlessly combines convenience with high-end finishes. Safely within walking distance of the charming shops and cafes of downtown Newcastle, this property represents unmatched value for anyone looking to step directly into a fresh, modern lifestyle.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax---
Lot Size16.67 ft x 79.59 ft
mls© NumberE13475688
Listed ByRE/MAX HALLMARK FIRST GROUP 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,480
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$3,630 / mo

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

Down payment20% · $135,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

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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