70 Shipway Avenue, Unit 5, Clarington, ON

$1,049,999
MLS#:E12230087
3 beds
2 baths
1600-1799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Newcastle. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,049,999 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor, Separate Hydro Meter, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This True 3 Bedroom Corner Penthouse Suite With High End Finishings Overlooking The Water. With 1616 Sq Ft + The Balcony This Huge Open Concept Floor Plan Gives You Plenty Of Space For Family And Friends. The Bright Living Room Has Multiple Sitting Areas, High Quality Flooring And A Walk Out To The Balcony. The Large Balcony Overlooks The Marina, Bay And Lake! A Perfect Place To Watch The Sun Rise With Your Morning Coffee. The Chef's Kitchen Has A Ton Of Counter And Cupboard Space, High End Stainless Steel Appliances, Breakfast Bar And A Dining Area. The Primary Bedroom Will Not Disappoint With Its Window Overlooking The Water, Huge Walk-In Closet And 5 Piece Ensuite Bath With Whirlpool Bathtub And Walk-In Shower. On The Other Side Of The Suite We Have Two More Full Size Bedrooms And A 4 Piece Bathroom. This Unit Comes With An Underground Parking Spot And Two Lockers For Extra Storage Space! Not Only Will You Fall In Love With This Condo And View, You Will Also Fall In Love With The Area! You Are Steps Away From The Admiral Walks Clubhouse (Included In Maint. Fees). This Clubhouse Has A Pool, Steam Room, Hot Tub, Theater, Games Room, Library, Gym And More. You Have Plenty Of Walking Trails, A Beach, A Marina, And Tons Of Other Great Amenities At Your Fingertips. This Condo Has Over $50,000 In Upgrades, Is Turn Key And Ready To Move In! Book Your Showing Today, You Will Not Be Disappointed!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date6/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Vinyl Siding
BasementNone
CountyDurham
Annual Tax$8,044

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Lake/Pond, Marina, River/Stream, Waterfront, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor, Separate Hydro Meter, Storage, Storage Area Lockers, Upgraded Insulation, Ventilation System, Water Heater, Water Meter, Wheelchair Access

Security Features

Alarm System, Monitored, Carbon Monoxide Detectors, Security System, Heat Detector, Smoke Detector

Community Features

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Location

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70 Shipway Avenue, Unit 5, Clarington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 70 Shipway Avenue 405, Clarington, ON L1B 0V7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Clarington.

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Interest Rate5.25%
Down Payment$210,000 (20.0%)
* Minimum Canadian down payment required for this price is $210,000.
Amortization Period25 Years
Estimated Monthly Payment$5,006Based on a loan of $839,999 over 25 years.
Purchase Price$1,049,999
Loan Amount$839,999
Provincial Land Transfer Tax:$17,475
Total Estimated Closing Taxes:$17,475

About Purchasing a Home in Clarington, ON

For a property listed at $1,049,999 in Clarington, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Newcastle, Clarington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$814,921

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.