59 Marret Lane, Clarington

Price: $679,900

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13475688

Ideally situated in the heart of the highly desirable Newcastle community, this brand-new, never-lived-in executive townhouse offers a fantastic opportunity to own a turnkey luxury home at an incredible price point. For a limited time, buyers can take advantage of a rare, time-sensitive HST credit incentive on these brand-new homes, delivering exceptional savings. It is the perfect chance to skip the construction delays, maximize your investment, and move right into a space defined by superior craftsmanship and modern design.The residence beautifully blends sophisticated elegance with a highly functional layout, starting with an open-concept main level featuring premium hardwood floors and elegant pot lights. The upgraded kitchen is beautifully finished with sleek quartz countertops and backsplash, and a walk-out to a private deck that provides a seamless connection to the outdoors.Designed for premium privacy, the second floor features two spacious bedrooms, both offering the luxury of their own dedicated ensuite bathrooms and ample double closets, situated alongside a convenient second-floor laundry room. Ascending to the third floor, you will discover a truly unique and versatile loft space that can easily serve as a grand third bedroom, a sophisticated home office, or a quiet media retreat. This level is a major standout feature of the property, complete with its own 3-piece ensuite and a walk-out to a private balcony, offering a quiet escape at the top of the house.The finished lower level adds valuable extra living space with high-quality laminate flooring and a direct walk-out to the backyard. With luxurious hardwood throughout the primary living areas and inside access to the garage, this home effortlessly combines convenience with high-end finishes. Safely within walking distance of the charming shops and cafes of downtown Newcastle, this property represents unmatched value for anyone looking to step directly into a fresh, modern lifestyle.

59 Marret Lane - Townhouse photo 1 of 19 in Clarington, Ontario
59 Marret Lane - Townhouse photo 2 of 19 in Clarington, Ontario
59 Marret Lane - Townhouse photo 3 of 19 in Clarington, Ontario
59 Marret Lane - Townhouse photo 4 of 19 in Clarington, Ontario
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$679,900 - 59 Marret Lane, Clarington

Townhouse for Sale in Clarington

Neighbourhood: Newcastle

3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13475688
Property Type
Townhouse
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Clarington
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

Ideally situated in the heart of the highly desirable Newcastle community, this brand-new, never-lived-in executive townhouse offers a fantastic opportunity to own a turnkey luxury home at an incredible price point. For a limited time, buyers can take advantage of a rare, time-sensitive HST credit incentive on these brand-new homes, delivering exceptional savings. It is the perfect chance to skip the construction delays, maximize your investment, and move right into a space defined by superior craftsmanship and modern design.The residence beautifully blends sophisticated elegance with a highly functional layout, starting with an open-concept main level featuring premium hardwood floors and elegant pot lights. The upgraded kitchen is beautifully finished with sleek quartz countertops and backsplash, and a walk-out to a private deck that provides a seamless connection to the outdoors.Designed for premium privacy, the second floor features two spacious bedrooms, both offering the luxury of their own dedicated ensuite bathrooms and ample double closets, situated alongside a convenient second-floor laundry room. Ascending to the third floor, you will discover a truly unique and versatile loft space that can easily serve as a grand third bedroom, a sophisticated home office, or a quiet media retreat. This level is a major standout feature of the property, complete with its own 3-piece ensuite and a walk-out to a private balcony, offering a quiet escape at the top of the house.The finished lower level adds valuable extra living space with high-quality laminate flooring and a direct walk-out to the backyard. With luxurious hardwood throughout the primary living areas and inside access to the garage, this home effortlessly combines convenience with high-end finishes. Safely within walking distance of the charming shops and cafes of downtown Newcastle, this property represents unmatched value for anyone looking to step directly into a fresh, modern lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.24/mo

Includes CMHC insurance ($18,969)

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5-yr fixed avg.

Principal: $611,910Interest: $415,593
Mortgage Amount$630,879
Total Interest$415,593
Est. Property Tax$482/mo
Total Cost$1,046,472

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

59 Marret Lane, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$2,106

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 $453/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 15 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Clarington have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    59 Marret Lane, Clarington | $679,900 | Battaglia Team