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Listed 10 days ago

16 Metcalf Street

Newcastle, Clarington

$2,699,999

Detached|Bungalow
4 | 4 | 24
About this home

A Rare Custom Estate in Newcastle's Emerging Luxury Enclave. Set on over an acre, this exceptional custom-built estate offers nearly 3,900 sq. ft. of beautifully designed living space in one of Newcastle's most desirable settings. Just moments from Bond Head Beach, Marina and public boat launch, this home delivers the space, privacy and quality rarely found together in today's market. Designed for both sophisticated entertaining and effortless everyday living, the home features soaring 12-foot ceilings in the kitchen and living areas, 10-foot main-floor ceilings and expansive rooms. The open-concept living and dining spaces are anchored by a statement fireplace and extend seamlessly to the covered outdoor entertaining area. The custom chef's kitchen features fully integrated appliances, extensive built-in cabinetry and an oversized island designed to bring family and guests together. The primary bedroom offers a true private sanctuary with a skylight, radiant-heated ensuite flooring and an expansive custom walk-in closet. Four generously proportioned bedrooms and four bathrooms provide exceptional flexibility, while a separate bedroom wing creates an ideal arrangement for guests, an executive office, or extended family living. Custom built-ins, a reading nook and thoughtful architectural details throughout. Adding to its appeal is an extraordinary garage and parking configuration, with two oversized attached garages, dual carports, extensive driveway parking and convenient access to the home, basement, roof top terrace and outdoor areas. This offers not only an exceptional home today, but the appeal of being surrounded by a growing collection of estate properties. A rare combination of custom construction, expansive grounds, exceptional proportions, privacy and proximity to the water-an opportunity to experience estate living in Newcastle.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$17,049
Lot Size198.15 ft x 329.68 ft
mls© NumberE13767798
Listed ByKeller Williams Energy Real Estate

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,820
Property tax
$1,421
Heat allowance
$150
Housing costs
$15,391 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $540,000
25-yr amortization

Income needed

$474,000

gross annual household income

Payment at 4%
$11,362 / mo
Cash down
$540,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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