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Price Change$979,999

218 Flood Avenue

Newcastle, Clarington

$1,099,000

Detached|2-Storey
5 | 6 | 4
About this home

The Property Located In Highly Sought after Family-Friendly Neighbourhood in Newcastle, Ontario. 218 Flood Ave is a Beautiful 5-bedroom, 4.5 bathroom home. The Main Floor Features a Spacious Living room with a Cozy Fireplace, a Modern Kitchen with all Stainless Steel Appliances. Upstairs, you will find a Master bedroom with His & Hers Walk-In Closets and an Ensuite Bathroom. Additionally, there are 3 more rooms each containing Spacious Closets & Ensuite Bathrooms. This Home is conveniently located near Schools, Parks, Newcastle Golf & Country Club, Recreation Centre & Highways. The Basement was finished by the builder. A lot of Upgrades and Basement windows were upgraded to 36*24" From the Builder.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,730
Lot Size37.11 ft x 101.9 ft
mls© NumberE13766338
Listed ByRE/MAX ACE REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$561
Heat allowance
$150
Housing costs
$6,336 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $219,800
25-yr amortization

Income needed

$195,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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