22 Eastbank Road, Clarington

Price: $399,900

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13629106

Enjoy relaxed lakeside living in Wilmot Creek, a gated adult lifestyle community in Newcastle, just 40 minutes east of Toronto. Recently renovated throughout, this bright and inviting 2 bedroom, 2 bathroom home offers a comfortable, low-maintenance lifestyle with beautiful views of Lake Ontario. The spacious layout features new flooring, new kitchen appliances and two brand new heat pumps that efficiently heat and cool the home for year-round comfort. New picture windows in the living room, dining area, sitting room and primary bedroom bring in an abundance of natural light while making the most of the peaceful waterfront views. At the heart of the home is a striking two-way fireplace shared between the main living area and sitting room. It adds warmth and character while giving each space its own distinct feel. The separate kitchen provides plenty of functionality, while two well-sized bedrooms and two full bathrooms offer comfortable space for everyday living and overnight guests. The primary bedroom is a quiet retreat with calming views of the lake. Outside, the private patio offers a lovely place to enjoy your morning coffee, entertain friends or relax at the end of the day. Wilmot Creek is a well-established land-lease community known for its welcoming atmosphere and extensive amenities. Monthly fees include access to the Recreation Centre, golf course, swimming pools, tennis and pickleball courts, fitness facilities and a wide variety of clubs and social activities. This is a wonderful opportunity to enjoy lakeside surroundings, an active community and a quieter pace of life.

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$399,900 - 22 Eastbank Road, Clarington

Detached for Sale in Clarington

Neighbourhood: Newcastle

2Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13629106
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Listing Brokerage
RE/MAX Rouge River Realty Ltd.
Description

Enjoy relaxed lakeside living in Wilmot Creek, a gated adult lifestyle community in Newcastle, just 40 minutes east of Toronto. Recently renovated throughout, this bright and inviting 2 bedroom, 2 bathroom home offers a comfortable, low-maintenance lifestyle with beautiful views of Lake Ontario. The spacious layout features new flooring, new kitchen appliances and two brand new heat pumps that efficiently heat and cool the home for year-round comfort. New picture windows in the living room, dining area, sitting room and primary bedroom bring in an abundance of natural light while making the most of the peaceful waterfront views. At the heart of the home is a striking two-way fireplace shared between the main living area and sitting room. It adds warmth and character while giving each space its own distinct feel. The separate kitchen provides plenty of functionality, while two well-sized bedrooms and two full bathrooms offer comfortable space for everyday living and overnight guests. The primary bedroom is a quiet retreat with calming views of the lake. Outside, the private patio offers a lovely place to enjoy your morning coffee, entertain friends or relax at the end of the day. Wilmot Creek is a well-established land-lease community known for its welcoming atmosphere and extensive amenities. Monthly fees include access to the Recreation Centre, golf course, swimming pools, tennis and pickleball courts, fitness facilities and a wide variety of clubs and social activities. This is a wonderful opportunity to enjoy lakeside surroundings, an active community and a quieter pace of life.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Newcastle

Discover Newcastle

Newcastle is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Newcastle

  • Convenient location in Clarington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Newcastle offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

22 Eastbank Road, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $364/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Clarington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

About Newcastle

I know Newcastle well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    22 Eastbank Road, Clarington | $399,900 | Battaglia Team