79 Marret Lane, Clarington

Price: $699,900

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: E13475696

Exclusive, Time-Sensitive Offer: Skip the construction delays and maximize your investment! For a limited time, buyers can take advantage of a rare HST credit incentive on these brand-new homes, delivering exceptional savings and the perfect chance to move right into a space defined by superior craftsmanship and modern design.Finding enough space for a growing family can be a challenge, but this home solves that effortlessly with over 2,000 square feet of fully finished living area. Completely move-in ready, it includes a full appliance package so you can skip the extra costs and delivery headaches after closing. The main floor features a wide, open-concept layout that provides a clear line of sight from the living room through to the kitchen-ideal for keeping an eye on the kids. The kitchen itself is beautifully finished with premium quartz countertops, a custom backsplash, and a convenient walk-out to the deck.Designed for optimal privacy, the layout ensures everyone has their own space. The second floor boasts two large bedrooms, both equipped with their own private ensuites and double closets to completely eliminate the morning rush. The third floor is a massive bonus for a busy household; this large, flexible room features a 3-piece bathroom, a walk-in closet, and its own private balcony. It is the perfect setup for a third bedroom, a quiet home office, or a dedicated kids' playroom. Complete with a finished lower level that walks out to the backyard, direct inside access to the garage, and a short walk to local schools and downtown Newcastle, this home is the ultimate turnkey choice for a family looking to get settled in a fantastic neighborhood.

79 Marret Lane - Townhouse photo 1 of 20 in Clarington, Ontario
79 Marret Lane - Townhouse photo 2 of 20 in Clarington, Ontario
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$699,900 - 79 Marret Lane, Clarington

Townhouse for Sale in Clarington

Neighbourhood: Newcastle

3Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
E13475696
Property Type
Townhouse
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Clarington
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

Exclusive, Time-Sensitive Offer: Skip the construction delays and maximize your investment! For a limited time, buyers can take advantage of a rare HST credit incentive on these brand-new homes, delivering exceptional savings and the perfect chance to move right into a space defined by superior craftsmanship and modern design.Finding enough space for a growing family can be a challenge, but this home solves that effortlessly with over 2,000 square feet of fully finished living area. Completely move-in ready, it includes a full appliance package so you can skip the extra costs and delivery headaches after closing. The main floor features a wide, open-concept layout that provides a clear line of sight from the living room through to the kitchen-ideal for keeping an eye on the kids. The kitchen itself is beautifully finished with premium quartz countertops, a custom backsplash, and a convenient walk-out to the deck.Designed for optimal privacy, the layout ensures everyone has their own space. The second floor boasts two large bedrooms, both equipped with their own private ensuites and double closets to completely eliminate the morning rush. The third floor is a massive bonus for a busy household; this large, flexible room features a 3-piece bathroom, a walk-in closet, and its own private balcony. It is the perfect setup for a third bedroom, a quiet home office, or a dedicated kids' playroom. Complete with a finished lower level that walks out to the backyard, direct inside access to the garage, and a short walk to local schools and downtown Newcastle, this home is the ultimate turnkey choice for a family looking to get settled in a fantastic neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

79 Marret Lane, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,388

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 $350/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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    79 Marret Lane, Clarington | $699,900 | Battaglia Team