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Newcastle, Clarington
$450,000
LOCATION, LOCATION, LOCATION! Welcome to 8 Wheelhouse Drive, boasting an exceptional location within the highly sought-after Wilmot Creek Adult Lifestyle Gated Community on the shores of Lake Ontario. One of this home's greatest advantages is its close proximity to the Wheelhouse Community Centre-just steps from your front door, putting an incredible selection of amenities, activities and opportunities to socialize practically at your doorstep. Enjoy all that the Wheelhouse has to offer without having to get in the car. Forget something at home? No problem... you're only steps away! This bright and welcoming home features a well-appointed kitchen, a sun-filled family room with a cozy fireplace, and two generously sized bedrooms. Newer laminate flooring throughout provides easy-care, carpet-free living, while a walkout leads to a huge new deck-perfect for relaxing, entertaining or enjoying your morning coffee on the sunny side of the house. Outside, you'll appreciate the durable metal roof and newer vinyl siding in a gorgeous contemporary grey, providing attractive curb appeal along with low-maintenance living. Wheelhouse Community Centre offers a library, gym, medical care walk-in clinic, pharmacy, beauty salon, hot tubs, billiard room, shuffleboard, craft centre, meeting rooms, and so much more. Enjoy an outstanding array of additional amenities including a private 9-hole golf course, two heated inground swimming pools, tennis and pickleball courts, gym, snooker/billiards room, darts, shuffleboard, woodworking shop, dog run, lawn bowling, and scenic lakeside walking and biking trails. 8 Wheelhouse Drive puts you right in the heart of it! Enjoy the security of a gated community, an active social atmosphere, outstanding amenities and a beautiful lakeside setting. Existing payment-friendly lease may be assumable at current rates, subject to buyer approval by Compass Communities. Monthly fees are $850 plus an additional $50.00 per month for new owners.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,296 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | E13674618 |
| Listed By | RE/MAX Jazz INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,303
- Property tax
- $108
- Heat allowance
- $150
- Housing costs
- $2,561 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$79,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
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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