$560,000 - 50 Lakebreeze Drive Unit 321, Clarington
Condo for Sale in Clarington
40 days on marketNeighbourhood: Newcastle
- MLS Number
- E13561754
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Clarington
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to waterfront living in the highly sought-after Port of Newcastle! This bright and beautifully maintained 2-bedroom, 2 full bathroom condo offers 872 sq. ft. of thoughtfully designed, carpet-free living space with an open-concept layout that's perfect for everyday living and entertaining. The spacious kitchen overlooks the living and dining areas, while large windows flood the home with natural light. The primary bedroom features a private ensuite, and the second full bathroom provides added convenience for guests or family. Enjoy exclusive access to the renowned Admirals Walk Club, offering resort-style amenities including an indoor pool, fitness centre, hot tub, sauna, theatre room, library, games room, lounge, and beautifully appointed social spaces. Perfectly situated just steps from the Newcastle Marina, Lake Ontario, scenic waterfront trails, parks, and conservation areas, this home offers an unmatched lifestyle for those who love the outdoors. Spend your mornings walking along the waterfront, afternoons enjoying the marina, and evenings exploring the charming shops, cafés, and restaurants of historic downtown Newcastle. Conveniently located just minutes to Highway 401, providing easy access for commuters while allowing you to enjoy the tranquility of lakeside living. Whether you're a first-time buyer, downsizer, retiree, or professional seeking maintenance-free living in a vibrant waterfront community, this exceptional condo offers the perfect combination of comfort, convenience, and lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$2,873.09/mo
Includes CMHC insurance ($15,624)
5-yr fixed avg.
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.
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
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.
50 Lakebreeze Drive Unit 321, Clarington
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $700/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 40 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
Investment Perspective
Looking at this as an investment: Clarington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.