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New5 days ago

5 King Court

Newcastle, Clarington

$365,000

Detached|Bungaloft
2 | 2 | 3
About this home

Opportunity Knocks! Welcome to this 2-bedroom, 2-bathroom bungalow in the heart of the highly sought-after Wilmot Creek Adult Lifestyle Community. Rarely offered, this Windjammer model is a wonderful blank canvas for someone looking to add their own personal style and make it truly their own. Featuring a welcoming covered front porch and carport with parking for 3 vehicles, this bright and inviting home offers a spacious foyer with ample storage leading into the open-concept living and dining areas with vaulted ceilings and large windows that fill the space with natural light. The living room offers a walkout to the patio and private backyard, while the spacious eat-in kitchen features ample cabinetry, generous counter space, and a convenient walkout to the backyard. The primary bedroom offers a large walk-in closet and 3-piece ensuite, while the spacious second bedroom features a large double closet and window. Additional highlights include ensuite laundry and plenty of storage throughout. Clean and bright, this home offers an excellent opportunity to personalize and update over time while enjoying the incredible Wilmot Creek lifestyle. The monthly fee includes water, sewer, snow removal, and full access to an exceptional array of amenities. Enjoy The Wheelhouse social hub, over 100 clubs and activities, billiards, shuffleboard, fitness and dance classes, crafts, tennis, pickleball, lawn bowling, horseshoes, scenic nature trails, a private 9-hole golf course, indoor and outdoor saltwater pools, hot tubs, sauna, fitness facilities, library, woodworking shop, and more. The impressive 800-seat auditorium hosts dances, theatre productions, and community events, while on-site conveniences include a pharmacy and hair salon. Surrounded by nature and close to the waterfront, amenities, shopping, dining, and everything Wilmot Creek has to offer, this is an excellent opportunity to enjoy the community while creating a home that's uniquely yours.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,854
Lot Size0 ft x 0 ft
mls© NumberE13717976
Listed ByRE/MAX Jazz 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%
$1,868
Property tax
$155
Heat allowance
$150
Housing costs
$2,173 / mo

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

Down payment20% · $73,000
25-yr amortization

Income needed

$67,000

gross annual household income

Payment at 4%
$1,536 / mo
Cash down
$73,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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