43 Toronto Street, Clarington

Price: $629,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13127876

Welcome to 43 Toronto Street! This charming 1.5 storey home in the heart of Newcastle offers a rare opportunity to own a .29 acre lot with unbeatable commuter convenience situated just minutes from the 401 and also the 115/35 interchange. This property is a dream for those seeking a spacious retreat with a quick connection to the GTA and beyond. The big backyard is perfect for summer gardening, outdoor entertaining, or future projects. Inside, the home is filled with soft, natural light and also has a convenient side-entry mudroom/covered porch and a 3 season sunroom which opens out to the deck and a 200AMP Electric panel. With the warmth of wall-to-wall broadloom in the bedrooms, living room and a cozy atmosphere throughout, this home offers the perfect balance of small-town charm, significant land value, and a prime location for the modern commuter. Close to schools, places of worship, Transit and Groceries.

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$629,000 - 43 Toronto Street, Clarington

Detached for Sale in Clarington

35 days on market
3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13127876
Property Type
Detached
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Listing Brokerage
Royal LePage Frank Real Estate
Description

Welcome to 43 Toronto Street! This charming 1.5 storey home in the heart of Newcastle offers a rare opportunity to own a .29 acre lot with unbeatable commuter convenience situated just minutes from the 401 and also the 115/35 interchange. This property is a dream for those seeking a spacious retreat with a quick connection to the GTA and beyond. The big backyard is perfect for summer gardening, outdoor entertaining, or future projects. Inside, the home is filled with soft, natural light and also has a convenient side-entry mudroom/covered porch and a 3 season sunroom which opens out to the deck and a 200AMP Electric panel. With the warmth of wall-to-wall broadloom in the bedrooms, living room and a cozy atmosphere throughout, this home offers the perfect balance of small-town charm, significant land value, and a prime location for the modern commuter. Close to schools, places of worship, Transit and Groceries.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

$
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5%10%50%

5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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: Clarington

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

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

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.

70
Walk Score
Varies
Price Range

43 Toronto Street, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$2,223

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 $572/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 35 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.

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.

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.

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 $2,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    43 Toronto Street, Clarington | $629,000 | Battaglia Team