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Listed 13 days ago

40 Niagara Trail

Newcastle, Clarington

$695,000

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to Wilmot Creek and life by the lake! Nestled along the shores of Lake Ontario, this sought-after adult lifestyle community of Wilmot Creek offers comfortable, low-maintenance living in a vibrant community setting. This 2-bedroom, 2-bathroom bungalow features updated windows, vinyl flooring and modern bathrooms. Step inside to a bright and spacious open concept living area, thoughtfully designed for both everyday comfort and entertaining. A separate laundry room and pantry with garage access adds everyday functionality, while the crawl space provides additional storage. Outside, you can relax or entertain in your gazebo and hot tub this summer. Plus, the enclosed front porch, garage and parking for three vehicles offers everyday convenience. Residents enjoy driveway and road snow removal, along with access to resort-style amenities including a 9-hole golf course, recreation centre, tennis and pickleball courts, lawn bowling, horseshoes, pools, gym, sauna, and more.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,464
Lot Size0 ft x 0 ft
mls© NumberE13812796
Listed ByRoyal LePage Frank Real Estate

Listing History

  • No recent sale history for this listing.
  • 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%
$3,557
Property tax
$205
Heat allowance
$150
Housing costs
$3,913 / mo

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

Down payment20% · $139,000
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,925 / mo
Cash down
$139,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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