$650,000

For sale

64 Pedwell Street, Clarington (Newcastle) - Single Family for Sale

64 Pedwell Street, Clarington (Newcastle), Ontario, L1B0E1

2 beds2 baths3 parking1,300 ft²39 × 110 ft (4,322 sq ft) lot sizeListed 13 days ago

Overview

This 2-bedroom, 2-bathroom home in Clarington is for sale offering roughly 1,300 sq ft of space. Listed at $650,000, it is attractively priced about 18% below the $790,000 median asking price in Clarington. It has been on the market 13 days, fresher than the Clarington average of 52 days.

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Description

Enjoy the ease of bungalow living in this beautifully maintained, all-brick detached home in the heart of Newcastle. Ideal for first-time buyers or those looking to downsize, this home offers nine-foot ceilings throughout and a welcoming layout with generous living space. The open-concept kitchen and dining area features a breakfast bar, while the bright family room offers a gas fireplace and a walkout to a large, fenced backyard with plenty of room to entertain, relax and play. The spacious primary bedroom includes a walk-in closet and five-piece ensuite, complemented by a second bedroom and an additional main bathroom. Direct access to the attached garage adds everyday convenience. The expansive unfinished basement provides an opportunity to create additional living space suited to your needs. Conveniently located close to Highway 401, GO Transit, schools, parks, shops and recreation, with downtown Newcastle just minutes away. Not a land lease property. (id:66096)

Property Details

MLS®: E14108678
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 39 × 110 ft (4,322 sq ft)
Frontage: 39 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Family room: 3.66 x 4.98 meters
Dining room: 2.74 x 4.09 meters
Kitchen: 2.9 x 4.09 meters
Primary Bedroom: 3.89 x 4.7 meters
Bedroom 2

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Hardwood, Carpeted
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Clarington (Newcastle) listings, avg age

52d

Price / ft²

$500

List price

$650K

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 13 days, which is 39 days fresher than the city average of 52. Act while there is still low competition.

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Listed by REALTY ASSOCIATES INC. · VANISHA VASTA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1B)

This home lists at $650,000, about 6.4× the local median household income of $101,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)

$650,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$446/mo

Total monthly$3,828

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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