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New3 days ago

5 Driftwood Lane

Newcastle, Clarington

$569,900

Detached|Bungalow
2 | 2 | 2
About this home

Welcome to this beautifully updated detached bungalow in Wilmot Creek, a sought-after adult lifestyle community set along the shores of Lake Ontario. This renovated home features numerous upgrades, including an oversized front deck -perfect for relaxing and enjoying the peaceful surroundings. Inside, you'll find a bright, freshly painted, open-concept layout with spacious principal rooms and a seamless flow, ideal for comfortable, low-maintenance living. The living room boast a floor to ceiling fireplace and large picture window. A good size kitchen with lots of cupboards, and stainless steel appliances. The family room is spacious and offers a walk-out to a large deck overlooking greenspace. The primary bedroom has a new 2 pc ensuite (2026) and walk-in closet. The home is designed to offer both functionality and warmth, making it easy to entertain or simply unwind. Enjoy the benefits of a vibrant, resort-style community where your lease includes driveway snow plowing and road maintenance, as well as access to an impressive range of amenities. These include a 9-hole golf course, recreation centre, swimming pools, gym, sauna, tennis and pickleball courts, lawn bowling, and more. With over 80 organized activities-such as cards, shuffleboard, darts, billiards, dances, and live performances-there's always something to enjoy. Experience a lifestyle that blends comfort, convenience, and community in a serene lakeside setting. Monthly Maintenance Fee is $1300.00 for a New Lease or you can assume existing lease (buyer approval) at 983.21.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax---
Lot Size0 ft x 0 ft
mls© NumberE13723282
Listed ByHOME CHOICE REALTY 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,917
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$3,067 / mo

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

Down payment20% · $113,980
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,398 / mo
Cash down
$113,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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