Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Newcastle. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 5 Park Place Lane in the highly sought-after west end of Wilmot Creek, an exceptional adult lifestyle community located on the shores of Lake Ontario, with this beautiful home situated just steps from the lake. Rarely offered, this beautifully maintained bungalow offers approximately 1,500 sq. ft. above grade and immediately impresses with its large double car garage, private double driveway, well landscaped gardens, and spacious enclosed front porch, the perfect place to enjoy your morning coffee or relax in the evenings. Inside, the home features an inviting open-concept layout with soaring 9-foot ceilings and an abundance of natural light flowing through oversized windows throughout the home. The spacious great room, complete with hardwood flooring, seamlessly connects to the bright open-concept kitchen, creating the ideal space for entertaining and everyday living. The kitchen offers ample cupboard space, a pantry, and generous counter space, while the great room features a walkout to a large patio and a sun-filled backyard. This well-designed home features 2 generously sized bedrooms and 2 full bathrooms, including a spacious primary suite with a large walk-in closet and private ensuite bath. A large laundry room is on the main floor which connects to the garage and doubles as a second entrance with closet. Additional living space can be found in the full partially finished basement, which is rare for Wilmot Creek homes. The basement features a convenient 2-piece bathroom and kitchenette, offering incredible flexibility for hobbies, guests, entertaining, or extended living space. Residents of Wilmot Creek enjoy access to an impressive selection of amenities including a 9-hole golf course, indoor/outdoor pools, sauna, weight room, shuffleboard, woodworking shop, spacious community rooms, rec areas, and countless social activities and events. Experience relaxed lakeside living in one of Durham Region's most sought-after adult lifestyle communities.
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This detached home located at 5 Park Place Lane, Clarington is currently for sale and has been available on SousaSells for 64 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 2 beds, 3 bathrooms, and is 1100-1500 square feet. 5 Park Place Lane, Clarington is in the Newcastle neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Golf, Greenbelt/Conservation, Lake/Pond, Rec./Commun.Centre
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This could be the first listing for this address.
Data-driven valuation for 5 Park Place Lane, Clarington, ON L1B 0B2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Clarington.
About Purchasing a Home in Clarington, ON
For a property listed at $799,900 in Clarington, the legal minimum down payment is $54,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,473 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.