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Listed 29 days ago

118 Bluffs Road

Newcastle, Clarington

$549,900

Detached|Bungalow
2 | 3 | 3
About this home

Welcome to this spacious 2-bedroom bungalow with a rare full-height basement and single-car garage, ideally located in the sought-after adult lifestyle community of Wilmot Creek on the shores of Lake Ontario in Clarington. The bright, open-concept layout features vaulted ceilings, large windows, and an abundance of natural light, creating a warm and inviting space for everyday living and entertaining. The main floor offers two spacious bedrooms, two full bathrooms, and convenient main-floor laundry. The primary suite includes a walk-in closet and private 4-piece ensuite, while the second bedroom, located at the opposite end of the home, is perfect for guests, a home office, or hobby room. Shingles replaced in 2017 and a new furnace installed in 2018. Downstairs, the unfinished full-height basement with an existing powder room provides exceptional storage and endless potential to create additional living space, a recreation room, or workshop. Experience the carefree lifestyle Wilmot Creek is known for. Monthly land lease is $1,300 plus estimated 2026 property taxes of $236.84/month ($1,536.84 total), plus a flat-rate water fee of $45/month. The lease includes road and driveway snow removal and access to outstanding amenities, including a golf course, recreation centre, outdoor pool, fitness centre, saunas, tennis courts, lawn bowling, horseshoes, and more. Please note: Maximum occupancy is two adults per home.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$2,843
Lot Size0 ft x 0 ft
mls© NumberE13529694
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%
$2,815
Property tax
$237
Heat allowance
$150
Housing costs
$3,202 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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