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Listed 10 days ago

461 King Avenue E

Newcastle, Clarington

$974,900

Detached|Bungalow
3 | 3 | 6
About this home

Welcome to this beautifully maintained bungalow situated on a generous 59' x 132' lot, offering versatile living space for families, multi-generational living, or those looking for additional flexibility. The main level features 3 bedrooms, including a spacious primary bedroom with a private ensuite bathroom. The bright open-concept living space creates an inviting flow between the living, dining and kitchen areas, while the updated kitchen offers both style and functionality. The fully finished in-law suite provides an impressive amount of additional living space, featuring above-grade windows, a gas fireplace, updated kitchen, and a large ensuite bathroom with a relaxing soaker tub. A versatile den is perfect for a home office, playroom, hobby space or additional living area. The suite also offers plenty of storage and convenient outside access. Step outside and enjoy the beautifully landscaped property, complete with a large backyard deck that provides the perfect setting for summer entertaining, morning coffee or relaxing with family and friends. The fully fenced private yard offers plenty of space to enjoy the outdoors. There is ample parking for family and guests, along with the added convenience of garage access directly into the home. With its spacious layout, thoughtful updates, beautiful landscaping and flexible in-law suite, this property offers an exceptional opportunity for comfortable family and multi-generational living.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$6,500
Lot Size59.06 ft x 131.94 ft
mls© NumberE13827810
Listed ByHomesmiths Real Estate Ltd.

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%
$4,990
Property tax
$542
Heat allowance
$150
Housing costs
$5,682 / mo

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

Down payment20% · $194,980
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,103 / mo
Cash down
$194,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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