$399,000

$408,000For salePrice drop↓ $9,000 (2%)

#308 75 Shipway Avenue, Clarington (Newcastle) - Single Family for Sale

#308 75 Shipway Avenue, Clarington (Newcastle), Ontario, L1B0B8

1 bed1 bath1 parking650 ft²$479/mo condo feeListed 42 days ago

Overview

This 1-bedroom, 1-bathroom condo in Clarington is for sale offering roughly 650 sq ft of space. Listed at $399,000, it is attractively priced about 33% below the $599,900 median asking price in Clarington. It has been on the market 42 days, fresher than the Clarington average of 53 days.

Condos for Sale in Clarington →All real estate in Clarington →

Description

Enjoy life near the lake in the Port of Newcastle! This inviting 1-bedroom, 1-bathroom condo offers a top-floor setting with abundant natural light and a private balcony. The perfect spot to unwind and enjoy the sunset. Ensuite laundry and one outdoor parking space add everyday convenience. Just steps from Lake Ontario and the marina, with easy access to waterfront trails, Highway 401 and the historic village of Newcastle. Admirals Walk Clubhouse membership includes access to a pool, gym, movie theatre, games room and more. A one-time clubhouse membership transfer fee of $200 plus HST is payable by the buyer. This home puts waterfront strolls and neighbourhood charm within easy reach. Whether you're purchasing your first home, down sizing or seeking an investment opportunity, this condo offers a welcoming place to call your own. (id:66096)

Property Details

MLS®: E13817630
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $479/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,582.97/yr
Listed: 42 days ago

Rooms

Flat

Kitchen: 2.85 x 2.57 meters
Living room: 3.32 x 4.96 meters
Dining room: 3.32 x 4.96 meters
Primary Bedroom: 4.12 x 2.99 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, Water Heater
Flooring: Hardwood, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Clarington (Newcastle) listings, avg age

53d

Price / ft²

$614

List price

$399K

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 1-bed single family in Clarington (Newcastle) has been listed for 42 days, which is 11 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · RAQUEL ROXAS FANUGAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1B)

This home lists at $399,000, about 4.0× the local median household income of $101,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,000· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$215/mo

Condo fee$479/mo

Total monthly$2,796

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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