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New20 hours ago

5 Grady Drive

Newcastle, Clarington

$899,900

Detached|2-Storey
4 | 4 | 6
About this home

This spacious home offers 4+1 bedrooms and 4 bathrooms, with generous living space throughout. The main floor features large principal rooms, ideal for both everyday living and entertaining. The family room boasts a cozy wood-burning fireplace, creating the perfect spot to unwind, while convenient garage access and main-floor laundry add to the home's functionality. The finished basement provides even more versatile living space, complete with an additional bedroom, a 4-piece bathroom, a kitchen rough-in, and plenty of storage. With ample room for the whole family and excellent potential for extended family living or additional recreation space, this home offers comfort, convenience, and endless possibilities in the welcoming community of Newcastle!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,911
Lot Size49.21 ft x 101.74 ft
mls© NumberE14081762
Listed ByCINDY & CRAIG REAL ESTATE LTD.

Listing History

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  • 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%
$4,606
Property tax
$493
Heat allowance
$150
Housing costs
$5,249 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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