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Listed 24 days ago

23 Marret Lane

Newcastle, Clarington

$599,900

Freehold Townhouse|3-Storey
3 | 4 | 2
About this home

Welcome to Marret Lane in Newcastle offering modern design, and exceptional value. This brand-new, never-lived-in home comes completely turn-key and ready for immediate occupancy. Buyers can take advantage of an exclusive, time-sensitive HST credit incentive on this featured unit to maximize their overall investment.The light-filled main level highlights rich hardwood flooring, large windows, and an open kitchen with direct walk-out access to a private rear deck. Up on the second floor, two generously sized bedrooms each feature their own private ensuite bathroom and double closets, complemented by convenient upper-level laundry. The private third-floor loft functions as a versatile primary suite, home office, or quiet media lounge-complete with a 3-piece ensuite, walk-in closet, and an exclusive walk-out balcony. Further extending the living space, the fully finished ground level offers easy direct garage access along with a walk-out to the rear yard. Situated just steps from vibrant downtown Newcastle where boutique shops, cozy cafes, scenic parks and great schools are all right at your doorstep.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax---
Lot Size16.67 ft x 74.9 ft
mls© NumberE13852482
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,071
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$3,221 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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