$2,749,900 - 631 Mill Street, Clarington
Detached for Sale in Clarington
43 days on market- MLS Number
- E13072810
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- KELLER WILLIAMS ENERGY REAL ESTATE
Wake up to breathtaking Lake Ontario views in this brand new, custom-built luxury home in the most desirable part of Newcastle's historic Bond Head community. Just steps from the beach, marina, and pier, this property offers the perfect combination of refined living, lakeside lifestyle, and exclusivity.Step inside to soaring 10' main-floor ceilings and an expansive open-concept great room filled with natural light. The chef-inspired kitchen features a servery, integrated high-end appliances, and flows seamlessly to a wraparound deck, ideal for entertaining or enjoying quiet mornings overlooking the lake.The main-floor primary suite is a private retreat with a spa-inspired ensuite, walk-in closet, and direct lakeview access. Upstairs, a stylish lounge opens to a rooftop terrace offering panoramic Lake Ontario views - perfect for entertaining or sunset relaxation.Additional highlights include basement unit / ADU potential for extended family or rental income, attached oversized double-car garage plus a detached double-car garage with carport, modern finishes and high-end design throughout, oversized private backyard with 2,000 sq ft of outdoor living space.This is a rare opportunity to own a move-in ready lakeview home in a community where families have lived for generations. With premium lot size, exceptional location, full amenities nearby, and only 45 minutes to Toronto, this home offers a unique combination of lifestyle, exclusivity, and legacy - designed for generations of enjoyment. **Seller offering flexible financing options, including Vendor Take Back (VTB) mortgage for qualified buyers, or a potential Lease-to-Own arrangement.**
Estimate your monthly payments for this property
Estimated Payment
$12,163.74/mo
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.
631 Mill 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 $1100/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.
Market Position
At 43 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Clarington. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $11,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.