$799,900 - 5 Park Place Lane, Clarington
Detached for Sale in Clarington
35 days on market- MLS Number
- E13128246
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 5 Park Place Lane in the highly sought-after west end of Wilmot Creek, an exceptional adult lifestyle community located on the shores of Lake Ontario, with this beautiful home situated just steps from the lake. Rarely offered, this beautifully maintained bungalow offers approximately 1,500 sq. ft. above grade and immediately impresses with its large double car garage, private double driveway, well landscaped gardens, and spacious enclosed front porch, the perfect place to enjoy your morning coffee or relax in the evenings. Inside, the home features an inviting open-concept layout with soaring 9-foot ceilings and an abundance of natural light flowing through oversized windows throughout the home. The spacious great room, complete with hardwood flooring, seamlessly connects to the bright open-concept kitchen, creating the ideal space for entertaining and everyday living. The kitchen offers ample cupboard space, a pantry, and generous counter space, while the great room features a walkout to a large patio and a sun-filled backyard. This well-designed home features 2 generously sized bedrooms and 2 full bathrooms, including a spacious primary suite with a large walk-in closet and private ensuite bath. A large laundry room is on the main floor which connects to the garage and doubles as a second entrance with closet. Additional living space can be found in the full partially finished basement, which is rare for Wilmot Creek homes. The basement features a convenient 2-piece bathroom and kitchenette, offering incredible flexibility for hobbies, guests, entertaining, or extended living space. Residents of Wilmot Creek enjoy access to an impressive selection of amenities including a 9-hole golf course, indoor/outdoor pools, sauna, weight room, shuffleboard, woodworking shop, spacious community rooms, rec areas, and countless social activities and events. Experience relaxed lakeside living in one of Durham Region's most sought-after adult lifestyle communities.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
5 Park Place Lane, 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
Competitive Pricing
At $727/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.
Bathroom Count Matters
With 3 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.
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 $3,333 (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.