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Listed 10 days ago

18 Corporal Patterson Lane

Newcastle, Clarington

$1,199,000

Detached|2-Storey
4 | 4 | 7
About this home

Welcome to 18 Corporal Patterson Lane, an impressive 3460 sq ft Kylemore home set on a generous 55 ft wide lot, just steps from Lake Ontario and waterfront trails. Step inside to 9 ft main floor smooth ceilings, hardwood floors and elegant finishes, leading to a great room with soaring 18 ft ceilings and gas fireplace. Chef's kitchen with upgraded cabinetry, stainless steel appliances, and centre island, the space flows through a butler's pantry to the formal dining room with coffered ceiling and crown moulding, creating an outstanding layout for entertaining. A separate living room enjoys seasonal lake views, while the dedicated main floor office provides a quiet place to work from home. Upstairs, the expansive primary retreat features a walk-in closet and luxurious 5 piece ensuite with marble counters, jetted shower system and Jacuzzi tub. Every additional bedroom enjoys ensuite access, and the conveniently located second floor laundry completes this exceptionally functional family layout. The finished basement is soundproofed and provides valuable additional living and recreation space, along with a 3 piece bathroom rough-in and potential for a fifth bedroom. A rare 3 car tandem garage and 4 car interlocked driveway provide outstanding parking and storage. Outside, escape to a professionally landscaped, private and fully fenced backyard designed for entertaining, featuring an inground hot tub, outdoor kitchen with gazebo and generous patio space. Enjoy true lakeside living with nearby waterfront walking trails, Pearce Farm Park, Wilmot Creek Nature Area and Port of Newcastle Marina. A transferable membership to the exclusive Admirals Walk Clubhouse is available and offers access to an oversized indoor pool, hot tub, steam room, gym, lounge, games room, clubhouse facilities and more. Conveniently close to Newcastle's shops and amenities and Highways 401 and 115. Shingles replaced 2020.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$8,274
Lot Size55.12 ft x 86.94 ft
mls© NumberE13768446
Listed ByThe Nook Realty Inc.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,137
Property tax
$690
Heat allowance
$150
Housing costs
$6,977 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$215,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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