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Newcastle, Clarington
$599,900
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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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | --- |
| Lot Size | 16.67 ft x 74.9 ft |
| mls© Number | E13852482 |
| Listed By | RE/MAX HALLMARK FIRST GROUP REALTY LTD. |
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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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