$529,900

For sale

#203 80 Shipway Avenue, Clarington (Newcastle) - Single Family for Sale

#203 80 Shipway Avenue, Clarington (Newcastle), Ontario, L1B0V8

2 beds2 baths2 parking750 ft²$504/mo condo feeListed 12 days ago

Overview

This 2-bedroom, 2-bathroom condo in Clarington is for sale offering roughly 750 sq ft of space. Listed at $529,900, it is attractively priced about 12% below the $599,900 median asking price in Clarington. It has been on the market 12 days, fresher than the Clarington average of 53 days.

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Description

2 OWNED PARKING SPOTS, LOCKER AND 2 FOUR PIECE BATHROOMS. Set In One Of The Most Sought After Buildings In The Port Of Newcastle, This Second Floor 2 Bed / 2 Full Bath Condo Offers An Exceptional Layout Featuring a Spacious Open Concept Living, Dining And Kitchen Area. The Kitchen Features Granite Countertops, Stainless Steel Appliances Including Over Range Microwave and Large Breakfast Bar With Stools. Step Out To a Private Balcony That Extends Your Living Area Outdoors. Primary Bedroom With a Full 4 Piece Ensuite Bath. Second Bedroom Makes For a Perfect Home Office and Has a Second 4 Piece Bathroom Right Across From It. In-Suite Laundry. 2 owned side by side ground level parking spots #42 and 43. Ownership Includes Exclusive Membership To The Admirals Walk Clubhouse Featuring A Newly Updated Gym, Indoor Pool, Fitness Classes, Library, Billiards Room, Movie Theatre, Event Space And On Site Restaurant. Residents Also Enjoy Exclusive Marina Access With Optional Dock Rentals And A Waterfront Patio Restaurant, Delivering An Unmatched Waterfront Lifestyle In One Of Newcastle's Most Desirable Communities. Enjoy Walks Along Lake Ontario. Owner Will Include Most Of The Furniture As Only A Few Items Are Owned By The Current Tenant Who Has Given The Owners Official Notice To Vacate On Nov 30th. (id:66096)

Property Details

MLS®: E14110676
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $504/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $4,104.54/yr
Listed: 12 days ago

Rooms

Main level

Kitchen: 3.43 x 3.05 meters
Dining room: 2.44 x 1.52 meters
Living room: 3.25 x 2.97 meters
Primary Bedroom: 3.66 x 2.85 meters
Bedroom 2: 2.39 x 2.26 meters

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

Features

Flooring: Laminate, Carpeted
Exterior: Brick, Vinyl siding
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Clarington (Newcastle) listings, avg age

53d

Price / ft²

$707

List price

$530K

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 12 days, which is 41 days fresher than the city average of 53. Act while there is still low competition.

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Listed by CENTURY 21 WENDA ALLEN REALTY · MICHAEL LOUIS GALLANT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1B)

This home lists at $529,900, about 5.2× the local median household income of $101,000.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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)

$529,900· $707/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$342/mo

Condo fee$504/mo

Total monthly$3,629

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$7,073

Est. closing costs$4,090

Total cash needed$39,153

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