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New7 days ago

137 Edward Street E

Newcastle, Clarington

$1,099,000

Detached|2-Storey
4 | 4 | 4
About this home

Lots of summer remains here at 137 Edward St E in Newcastle with this fantastic 4+1 bedroom, 3.5 bathroom family home that features a great south west facing backyard with an inground pool, stone patio surround with multiple seating areas & a raised deck for BBQ'ing & entertaining your friends and family under the pergola. Step inside this home & you will find 3088 sq ft combined on the main & upper levels(as per mpac) plus an additional 1119 sq ft in the finished basement.The mainfloor great room features cathedral ceilings & large palladian window that overlooks the backyard & pool. It is open to the kitchen & breakfast bar area, making the space very family friendly. The kitchen features lots of cabinetry, quartz countertops, tile backsplash & breakfast bar space for 3-4 stools. The breakfast area has a wall of pantry cupboards & space for a large table and walks out to the backyard via the garden doors. The liv& dnrm share a 2 sided fireplace for ambiance. Mnflr laundry features BI cabinetry, laundry sink & direct access to garage. Upstairs, the large primary bdrm o/l the backyard & also the sideyard to the west, where there are no neighbours beside, just views of the park & splash pad. Step into this fully reno'd bthrm w/freestanding tub, double sinks w/ quartz counters & large walk in glass shower...a retreat to relax in. Bed 2& 3 o/l the front yard, both are very spacious & have vaulted ceilings above the wall of windows and feature a lancet shaped window in one room and 3 lancet windows in the other room. Cycle down to the lakefront of Newcastle, walk across the street to the splashpad with the kids, walk to downtown Newcastle for some patio dining or evening Santa Claus parade. Updates: kitchen counter,backsplash, 2019-pool liner, pool steps, pool winter safety cover custom made, pool patio, deck and pergola, 2020- new fence. 2020-Complete reno's on both upper level bthrms. Bonus is the finished bsmt w/3pc bath, large 5th bdrm w/murphy bed, large rec rm.

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
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$7,522
Lot Size64.47 ft x 115.34 ft
mls© NumberE13615404
Listed ByThe Nook 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%
$5,625
Property tax
$627
Heat allowance
$150
Housing costs
$6,402 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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