631 Mill Street, Clarington

Price: $2,749,900

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13072810

Wake up to breathtaking Lake Ontario views in this brand new, custom-built luxury home in the most desirable part of Newcastle's historic Bond Head community. Just steps from the beach, marina, and pier, this property offers the perfect combination of refined living, lakeside lifestyle, and exclusivity.Step inside to soaring 10' main-floor ceilings and an expansive open-concept great room filled with natural light. The chef-inspired kitchen features a servery, integrated high-end appliances, and flows seamlessly to a wraparound deck, ideal for entertaining or enjoying quiet mornings overlooking the lake.The main-floor primary suite is a private retreat with a spa-inspired ensuite, walk-in closet, and direct lakeview access. Upstairs, a stylish lounge opens to a rooftop terrace offering panoramic Lake Ontario views - perfect for entertaining or sunset relaxation.Additional highlights include basement unit / ADU potential for extended family or rental income, attached oversized double-car garage plus a detached double-car garage with carport, modern finishes and high-end design throughout, oversized private backyard with 2,000 sq ft of outdoor living space.This is a rare opportunity to own a move-in ready lakeview home in a community where families have lived for generations. With premium lot size, exceptional location, full amenities nearby, and only 45 minutes to Toronto, this home offers a unique combination of lifestyle, exclusivity, and legacy - designed for generations of enjoyment. **Seller offering flexible financing options, including Vendor Take Back (VTB) mortgage for qualified buyers, or a potential Lease-to-Own arrangement.**

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$2,749,900 - 631 Mill Street, Clarington

Detached for Sale in Clarington

67 days on market

Neighbourhood: Newcastle

4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E13072810
Property Type
Detached
Status
active
Days on Site
67
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Clarington
Listing Brokerage
Keller Williams Energy Real Estate
Description

Wake up to breathtaking Lake Ontario views in this brand new, custom-built luxury home in the most desirable part of Newcastle's historic Bond Head community. Just steps from the beach, marina, and pier, this property offers the perfect combination of refined living, lakeside lifestyle, and exclusivity.Step inside to soaring 10' main-floor ceilings and an expansive open-concept great room filled with natural light. The chef-inspired kitchen features a servery, integrated high-end appliances, and flows seamlessly to a wraparound deck, ideal for entertaining or enjoying quiet mornings overlooking the lake.The main-floor primary suite is a private retreat with a spa-inspired ensuite, walk-in closet, and direct lakeview access. Upstairs, a stylish lounge opens to a rooftop terrace offering panoramic Lake Ontario views - perfect for entertaining or sunset relaxation.Additional highlights include basement unit / ADU potential for extended family or rental income, attached oversized double-car garage plus a detached double-car garage with carport, modern finishes and high-end design throughout, oversized private backyard with 2,000 sq ft of outdoor living space.This is a rare opportunity to own a move-in ready lakeview home in a community where families have lived for generations. With premium lot size, exceptional location, full amenities nearby, and only 45 minutes to Toronto, this home offers a unique combination of lifestyle, exclusivity, and legacy - designed for generations of enjoyment. **Seller offering flexible financing options, including Vendor Take Back (VTB) mortgage for qualified buyers, or a potential Lease-to-Own arrangement.**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,163.74/mo

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5-yr fixed avg.

Principal: $2,199,920Interest: $1,449,201
Mortgage Amount$2,199,920
Total Interest$1,449,201
Est. Property Tax$1,948/mo
Total Cost$3,649,121

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

631 Mill Street, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,948
Insurance (est.)-$573
Net Cash Flow+$1,029

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

Fair Market Value

At $1100/sqft, this property is priced in line with current Clarington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 67 days on site, this property has exceeded the typical selling timeline for Clarington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Clarington. Good resale value as demand remains consistent.

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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    631 Mill Street, Clarington | $2,749,900 | Battaglia Team