7 Pineridge Crescent
Newcastle, Clarington
$429,000
Located in the adult-lifestyle gated community of Wilmot Creek on the shores of Lake Ontario. Beautifully maintained two bed, one bath home with an open-concept kitchen/living area! Two decks to enjoy the outdoors and peaceful views. Ideal for downsizers who want a sense of community, with lower maintenance responsibility and countless amenities at their doorstep. Exclusive access to The Wheelhouse Recreation Centre, 9-hole golf course, Outdoor swimming pool and hot tub, tennis and pickleball courts, shuffleboard, billiards, fitness facilities, arts & crafts, and numerous clubs and community events throughout the year. Minutes to downtown Newcastle and easy access to the 401. Attached shed for additional storage. Landlease - sale of the home only.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,223 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | E13657650 |
| Listed By | The Nook Realty Inc. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,196
- Property tax
- $102
- Heat allowance
- $150
- Housing costs
- $2,448 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$75,000
gross annual household income
- Payment at 4%
- $1,805 / mo
- Cash down
- $85,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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