$899,900

For sale

5 Grady Drive, Clarington (Newcastle) - Single Family for Sale

5 Grady Drive, Clarington (Newcastle), Ontario, L1B1J1

5 beds4 baths6 parking2,250 ft²49 × 102 ft (5,004 sq ft) lot sizeListed 20 days ago

Overview

This 5-bedroom, 4-bathroom home in Clarington is for sale offering roughly 2,250 sq ft of space. It has been on the market 20 days, fresher than the Clarington average of 53 days.

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Description

This spacious home offers 4+1 bedrooms and 4 bathrooms, with generous living space throughout. The main floor features large principal rooms, ideal for both everyday living and entertaining. The family room boasts a cozy wood-burning fireplace, creating the perfect spot to unwind, while convenient garage access and main-floor laundry add to the home's functionality. The finished basement provides even more versatile living space, complete with an additional bedroom, a 4-piece bathroom, a kitchen rough-in, and plenty of storage. With ample room for the whole family and excellent potential for extended family living or additional recreation space, this home offers comfort, convenience, and endless possibilities in the welcoming community of Newcastle! (id:66096)

Property Details

MLS®: E14081762
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 49 × 102 ft (5,004 sq ft)
Frontage: 49 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 5.96 x 3.06 meters
Family room: 5 x 3.27 meters
Living room: 4.4 x 3.27 meters
Dining room: 4.4 x 3.27 meters

Upper Level

Primary Bedroom: 4.49 x 4.28 meters
Bedroom 2: 3.85 x 2.26 meters
Bedroom 3: 3.67 x 3 meters
Bedroom 4: 3.68 x 3.3 meters

Basement

Recreational, Games room: 6.71 x 5.61 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer
Flooring: Hardwood, Carpeted, Vinyl
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Clarington (Newcastle) listings, avg age

53d

Price / ft²

$400

List price

$900K

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 5-bed single family in Clarington (Newcastle) has been listed for 20 days, which is 33 days fresher than the city average of 53. Act while there is still low competition.

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Listed by CINDY & CRAIG REAL ESTATE LTD. · CINDY SGROI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1B)

This home lists at $899,900, about 8.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 74% 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)

$899,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Property tax (est.)$493/mo

Total monthly$5,121

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$14,473

Est. closing costs$5,200

Total cash needed$84,663

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