$549,000

For sale

#306 50 Lakebreeze Drive, Clarington (Newcastle) - Single Family for Sale

#306 50 Lakebreeze Drive, Clarington (Newcastle), Ontario, L1B0V9

2 beds2 baths1 parking850 ft²$483/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Clarington is for sale offering roughly 850 sq ft of space. Listed at $549,000, it is attractively priced about 8% below the $599,990 median asking price in Clarington. It has been on the market 8 days, fresher than the Clarington average of 53 days.

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Description

Experience Lakeside Living at Port of Newcastle! Enjoy breathtaking, unobstructed views of Lake Ontario from this beautifully appointed 2-bedroom, 2-bathroom condo in the sought-after Port of Newcastle community. Featuring a private balcony, modern kitchen with granite countertops and stainless steel appliances, open-concept living, 9-foot ceilings, ensuite laundry, and underground parking.Residents enjoy access to the Admirals Club, offering an indoor pool, fitness centre, theatre room, and more. Steps to the marina, waterfront trails, and parks, with shopping, dining, and Highway 401 just minutes away.An exceptional opportunity for first-time buyers, downsizers, or investors seeking a relaxed waterfront lifestyle! (id:66096)

Property Details

MLS®: E14119520
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $483/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,433/yr
Listed: 8 days ago

Rooms

Main level

Living room: 5.22 x 3.62 meters
Kitchen: 2.56 x 2.33 meters
Eating area: 3.26 x 3.97 meters
Bedroom 2: 3.41 x 3.32 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Garage door opener remote(s)
Exterior: Brick, Vinyl siding

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Clarington (Newcastle) listings, avg age

53d

Price / ft²

$646

List price

$549K

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 8 days, which is 45 days fresher than the city average of 53. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · ADIL TARIQ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1B)

This home lists at $549,000, about 5.4× the local median household income of $101,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$549,000· $646/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$453/mo

Condo fee$483/mo

Total monthly$3,814

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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