50 Lakebreeze Drive Unit 129, Clarington

Price: $499,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13758440

Enjoy waterfront living in the sought-after Waterfront Newcastle community. This Ground floor unit offers convenient, easy access without the need for an elevator. Featuring an open-concept layout, a modern kitchen with S/S Appliances and Breakfast Bar, and a spacious Primary with a full Ensuite bath. The separate Den is ideal for a Home office or Reading area, with a 2nd Washroom adding everyday convenience. A private balcony provides a peaceful spot to enjoy the serene Lakeside surroundings. 1 Underground parking and exclusive access to The Admirals Club, a resort-style amenity centre complete with an indoor pool, hot tub, gym, movie room and more. Just steps from the Newcastle Marina, waterfront trails and parks, this is an opportunity to enjoy comfortable Lakeside living in a well-connected community.

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$499,000 - 50 Lakebreeze Drive Unit 129, Clarington

Condo for Sale in Clarington

Neighbourhood: Newcastle

2Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
E13758440
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Clarington
Taxes (2026)
$4,605
Maintenance Fees
$426/mo
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

Enjoy waterfront living in the sought-after Waterfront Newcastle community. This Ground floor unit offers convenient, easy access without the need for an elevator. Featuring an open-concept layout, a modern kitchen with S/S Appliances and Breakfast Bar, and a spacious Primary with a full Ensuite bath. The separate Den is ideal for a Home office or Reading area, with a 2nd Washroom adding everyday convenience. A private balcony provides a peaceful spot to enjoy the serene Lakeside surroundings. 1 Underground parking and exclusive access to The Admirals Club, a resort-style amenity centre complete with an indoor pool, hot tub, gym, movie room and more. Just steps from the Newcastle Marina, waterfront trails and parks, this is an opportunity to enjoy comfortable Lakeside living in a well-connected community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

50 Lakebreeze Drive Unit 129, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$426
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,317

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 $713/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 28 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $426/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    50 Lakebreeze Drive Unit 129, Clarington | $499,000 | Battaglia Team