The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Remarkable. It's a rare opportunity when a 6+ acre property, with water frontage of approx. 1465 ft. on Lake Ontario, 45 minutes from Toronto comes on the market. This spectacular property is set on the Lake Ontario cliffs of Newcastle, just east of historic Bond Head. This 5 bedroom, 5 bathroom home, a pre-fab built in 1979 , with an addition built in 1982 boasts unobstructed views of the lake and grounds from almost every room. It offers main floor living with 2 large bedrooms with bathrooms, one has a full dressing room attached. A 2pc bathroom with the laundry is also on the main floor. 3 bedrooms and 2 full bathrooms are on the 2nd floor. The cathedral ceiling of the Great Room, with stone fireplace, calls for entertaining, graciously opening up into a sun room, referred to as the Games room in the family, has a walk out to the garden and inground pool over looking the Lake. The dining room calls for brilliant dinners and gatherings, walking out to a massive deck set up for alfresco dining and BBQ, all while watching the waves and having drinks by the pool. The cosy breakfast room also has a walk-out to the deck for enjoying your morning espresso. The estate grounds have been beautifully designed with well placed mature hardwoods and pines. Included are old apple tree varieties that produce generous apples and pears of different types annually. The waterfront is owned and the entire land with the water ownership is around 11+ acres. The estate and grounds above the cliff is approx. 6+ acres. It's extremely private from the Lakeshore Rd. with heavy tree coverage along the road side. Renovate this splendid home or you may choose to re-build on the existing footprint. All parties must be a aware of the Ganaraska Conservation Authority and Lake Ontario shoreline restrictions.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,144/mo
Mortgage (principal + interest)$5,967
Property taxFrom listing: $14,121/yr$1,177
Minimum 20% ($319,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$319,000
Ontario land transfer taxProvincial brackets, no first-time refund$28,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$350,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Clarington has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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