$695,000

For sale

40 Niagara Trail, Clarington (Newcastle) - Single Family for Sale

40 Niagara Trail, Clarington (Newcastle), Ontario, L1B1L6

2 beds2 baths3 parking1,300 ft²Listed 45 days ago

Overview

This 2-bedroom, 2-bathroom home in Clarington is for sale offering roughly 1,300 sq ft of space. Listed at $695,000, it is attractively priced about 12% below the $790,000 median asking price in Clarington. It has been on the market 45 days, fresher than the Clarington average of 52 days.

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Description

Welcome to Wilmot Creek and life by the lake! Nestled along the shores of Lake Ontario, this sought-after adult lifestyle community of Wilmot Creek offers comfortable, low-maintenance living in a vibrant community setting. This 2-bedroom, 2-bathroom bungalow features updated windows, vinyl flooring and modern bathrooms. Step inside to a bright and spacious open concept living area, thoughtfully designed for both everyday comfort and entertaining. A separate laundry room and pantry with garage access adds everyday functionality, while the crawl space provides additional storage. Outside, you can relax or entertain in your gazebo and hot tub this summer. Plus, the enclosed front porch, garage and parking for three vehicles offers everyday convenience. Residents enjoy driveway and road snow removal, along with access to resort-style amenities including a 9-hole golf course, recreation centre, tennis and pickleball courts, lawn bowling, horseshoes, pools, gym, sauna, and more. (id:66096)

Property Details

MLS®: E13812796
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Leasehold
Property Tax: $2,463.79/yr
Listed: 45 days ago

Rooms

Main level

Kitchen: 3.49 x 2.58 meters
Living room: 6.64 x 4.26 meters
Dining room: 3.33 x 1.97 meters
Primary Bedroom: 3.44 x 6.24 meters
Bedroom: 3.39 x 3.03 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Garage door opener, Garage door opener remote(s)
Flooring: Vinyl
Foundation: Unknown
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Clarington (Newcastle) listings, avg age

52d

Price / ft²

$535

List price

$695K

Homes here sell faster than most markets

Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Clarington (Newcastle) has been listed for 45 days, which is 7 days fresher than the city average of 52. Act while there is still low competition.

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Listed by Royal LePage Frank Real Estate · Kevin Thompson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1B)

This home lists at $695,000, about 6.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $135,758 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $101,000
Population: 13,203
Median age: 46
Owner / renter: 89% / 11%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L1B)

$695,000· $535/ft²

For sale

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Full Cost Breakdown

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Down Payment6.40% · $44,500.00

Min 6.40%50%

Mortgage payment$3,606/mo

↳ CMHC premium ($26,020 capitalized)

Property tax (est.)$205/mo

Total monthly$3,812

Cash Needed to Close

Down payment (6.40%)$44,500

Land transfer tax$10,375

Est. closing costs$4,585

Total cash needed$59,460

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