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 desirable west end of Wilmot Creek, Durham Region's premier adult lifestyle community on the shores of Lake Ontario. Just steps from the waterfront, this rarely offered bungalow offers the perfect blend of comfort, space, and location. Offering approximately 1,500 sqft. above grade, this meticulously maintained home impresses with its double car garage, private double driveway, beautifully landscaped gardens, and inviting enclosed front porch-ideal for enjoying your morning coffee or relaxing in the evening. Inside, the bright open-concept layout features soaring 9-foot ceilings, oversized windows, and hardwood flooring throughout the spacious great room. The well-appointed kitchen offers ample cabinetry, generous counter space, and a pantry, flowing seamlessly into the living area, making it perfect for entertaining. A walkout leads to the large patio and sunny backyard. The home features two generous size bedrooms and two full bathrooms, including a spacious primary suite with a walk-in closet and private ensuite. The oversized main-floor laundry room provides direct access to the garage and serves as a convenient second entrance. A rare full, partially finished basement adds exceptional flexibility with a 2-piece bathroom and kitchenette, making it ideal for guests, hobbies, a recreation room, or additional living space. Residents enjoy outstanding amenities including a 9-hole golf course, indoor and outdoor pools, fitness centre, sauna, shuffleboard, woodworking shop, community halls, recreation facilities, and a vibrant calendar of social activities. 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 1 day. 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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No historical data available for this property.
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.