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Listed 20 days ago

5 Park Place Lane

Newcastle, Clarington

$799,900

Detached|Bungalow
2 | 3 | 4
About this home

Welcome to 5 Park Place Lane in the highly desirable west end of Wilmot Creek, Durham Region's premier adult lifestyle community on the shores of Lake Ontario. Just steps from the waterfront, this rarely offered bungalow offers the perfect blend of comfort, space, and location. Offering approximately 1,500 sqft. above grade, this meticulously maintained home impresses with its double car garage, private double driveway, beautifully landscaped gardens, and inviting enclosed front porch-ideal for enjoying your morning coffee or relaxing in the evening. Inside, the bright open-concept layout features soaring 9-foot ceilings, oversized windows, and hardwood flooring throughout the spacious great room. The well-appointed kitchen offers ample cabinetry, generous counter space, and a pantry, flowing seamlessly into the living area, making it perfect for entertaining. A walkout leads to the large patio and sunny backyard. The home features two generous size bedrooms and two full bathrooms, including a spacious primary suite with a walk-in closet and private ensuite. The oversized main-floor laundry room provides direct access to the garage and serves as a convenient second entrance. A rare full, partially finished basement adds exceptional flexibility with a 2-piece bathroom and kitchenette, making it ideal for guests, hobbies, a recreation room, or additional living space. Residents enjoy outstanding amenities including a 9-hole golf course, indoor and outdoor pools, fitness centre, sauna, shuffleboard, woodworking shop, community halls, recreation facilities, and a vibrant calendar of social activities. Experience relaxed lakeside living in one of Durham Region's most sought-after adult lifestyle communities.

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. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,315
Lot Size0 ft x 0 ft
mls© NumberE13570910
Listed ByRIGHT AT HOME REALTY

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%
$4,094
Property tax
$276
Heat allowance
$150
Housing costs
$4,521 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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