$724,900 - 122 Arthur Street, Clarington
Detached for Sale in Clarington
New — Listed 4 days ago- MLS Number
- E13285900
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to this solid brick bungalow situated on a premium 66 x 132 ft lot in one of Newcastle's most desirable and family-friendly neighbourhoods. Offering timeless charm, a spacious layout, and incredible versatility, this well-maintained home is perfect for families, multi-generational living, or investors. The bright and inviting main floor features three generously sized bedrooms, a full bathroom, and a functional layout filled with natural light. Enjoy your morning coffee on either the front porch or the rear deck overlooking the private backyard. A separate entrance leads to a fully self-contained lower-level in-law suite complete with three additional bedrooms, a full bathroom, kitchen, and living area, providing excellent income potential or space for extended family. Shared laundry is conveniently located on the lower level. Outside, the expansive backyard offers privacy, mature perennial gardens, and a 22' x 11' insulated man cave/workshop-ideal for hobbyists, storage, or a personal retreat. Ample parking accommodates up to eight vehicles. Located in the heart of Newcastle, this cherished community offers the perfect balance of small-town charm and modern convenience. Walk to schools, parks, local shops, and restaurants, while enjoying nearby waterfront trails and recreational amenities. With quick access to Highway 401 and GO Transit, commuting is effortless. A rare opportunity to own a versatile bungalow on an oversized lot in one of Newcastle's most sought-after locations.
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
5-yr fixed avg.
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.
Discover Clarington
Clarington 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 Clarington
- •Convenient location in Clarington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Clarington 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.
122 Arthur Street, Clarington
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1036/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Clarington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Clarington.
Investment Perspective
Looking at this as an investment: Clarington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.