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 $549,900 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 this spacious 2-bedroom bungalow with a rare full-height basement and single-car garage, ideally located in the sought-after adult lifestyle community of Wilmot Creek on the shores of Lake Ontario in Clarington. The bright, open-concept layout features vaulted ceilings, large windows, and an abundance of natural light, creating a warm and inviting space for everyday living and entertaining. The main floor offers two spacious bedrooms, two full bathrooms, and convenient main-floor laundry. The primary suite includes a walk-in closet and private 4-piece ensuite, while the second bedroom, located at the opposite end of the home, is perfect for guests, a home office, or hobby room. Shingles replaced in 2017 and a new furnace installed in 2018. Downstairs, the unfinished full-height basement with an existing powder room provides exceptional storage and endless potential to create additional living space, a recreation room, or workshop. Experience the carefree lifestyle Wilmot Creek is known for. Monthly land lease is $1,300 plus estimated 2026 property taxes of $236.84/month ($1,536.84 total), plus a flat-rate water fee of $45/month. The lease includes road and driveway snow removal and access to outstanding amenities, including a golf course, recreation centre, outdoor pool, fitness centre, saunas, tennis courts, lawn bowling, horseshoes, and more. Please note: Maximum occupancy is two adults per home.
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Golf, Lake/Pond, Rec./Commun.Centre, Other
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This could be the first listing for this address.
Data-driven valuation for 118 Bluffs Road, Clarington, ON L1B 1A8
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 $549,900 in Clarington, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.