Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Newcastle. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,249,000 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.
Ideal setting for a client requiring parking++ or separate space to run a home business in the finished walkout lower level or the option of an extended family home with 2 separate living quarters. All this plus 2095 sq. ft. of private living space on the main floor. Set on approximately one acre treed lot with no neighbouring homes in view yet quick access to Highway401, a few minutes drive to the shores of Lake Ontario and the village center of Newcastle. The house has been completely rebuilt with high quality finishings, workmanship and materials and never lived in since the renovations. Hardwood floors throughout both levels, quartz countertops, pot lights++. Walkout from the kitchen to a huge entertainment sized deck overlooking the beautifully landscaped extensive stone patio with large landscape stones, treed ravine and creek beyond. Walkout from the lower level directly to a covered stone patio and gardens. A huge workshop area under the double garage is perfect for the hobbyist or storing your recreational vehicles. The double car garage is extra deep for additional storage and has direct access to the house through a heated breezeway. A property like this doesn't come up often with proximity to the highway, local amenities, minutes to Lake Ontario and the private setting on a treed acre lot. Book your appointment today or risk being disappointed!
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This detached home located at 507 Mill Street, Clarington is currently for sale and has been available on SousaSells for 291 days. This property is listed at $1,249,000 with an estimated mortgage of $4,157* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 507 Mill Street, Clarington is in the Newcastle neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Lake/Pond, River/Stream, Ravine, Wooded/Treed
Air Exchanger, Auto Garage Door Remote, Carpet Free, Floor Drain, In-Law Capability, Primary Bedroom - Main Floor, Sewage Pump, Storage Area Lockers, Water Heater, Water Meter
Carbon Monoxide Detectors
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 507 Mill Street S, Clarington, ON L1B 1C2
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 $1,249,000 in Clarington, the legal minimum down payment is $249,800 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 $21,455 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 $21,455.
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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.