2 Boulton St
Newcastle, Clarington, L1B 1L9
FOR SALE
$2,699,000
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BEDROOMS4
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Property Description
Once in a lifetime opportunity to own a historic piece of Newcastle history. Incredible location with amazing unobstructed views of Lake Ontario, the Marina and Bond Head Park and Beach. Originally built in 1865 as the Old Brick Temperance Hotel this amazing property has been lovingly restored and must be seen to be appreciated. This property features 4 self contained units that offer incredible income potential for the savvy investor. This would be an Air BnB dream property to add to your portfolio or live in the main unit and rent the others. Located in an area of multi million dollar homes properties like this are rarely found. Hundreds of Thousands $$ in recent upgrades: All new exterior windows, doors, steel roof and custom siding with newly paved driveway. 4 brand new high efficiency heat and ac units and hot water tanks. 3 brand new kitchens with the main unit showcasing incredible exposed beams, original Victorian fireplace, new flooring, new bathroom with suspended tub, separate laundry and high end appliances, custom shiplap walls and so much more all with unobstructed views of Lake Ontario from all angles. There are too many upgrades to list. The property features large 20x30 Quonset storage garage with hydro and 2 street frontages with nearly one acre of land with 5 electrical panels. Thousands of visitors flock to the beach, marina, pier and boat launch directly across the street. Bond Head View Point is a must see attraction in the area adored by surfers and fishermen with the annual Salmon Derby. This could quite possibly be the best location in all of Newcastle. Please watch the HD Video to fully appreciate this property!
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Extras
The four units all feature separate entrances all with kitchens and baths and separate hydro panels. Three - One Bedroom units and One - Two bedroom unit. This property must be seen to be appreciated. A life time opportunity for any buyer!
Property Features
Beach, Lake/Pond, Marina, Park, Ravine, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
132' x 132'
Fronting
North
Taxes
$7,626 (2023)
Basement
Crawl Space
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Clarington Market Statistics
Clarington Price Trend
2 Boulton St is a 5-bedroom 4-bathroom home listed for sale at $2,699,000, which is $1,278,167 (90.0%) higher than the average sold price of $1,420,833 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 5 bedroom home in Clarington increased by $171,500 (13.7%) compared to the previous 30 day period (February 29 - March 29) and up $240,833 (20.4%) from the same time one year ago.Inventory Change
There were 5 5-bedroom homes listed in Clarington over the last 30 days (March 30 - April 28), which is up 25.0% compared with the previous 30 day period (February 29 - March 29) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Clarington typically sold $37,900 (2.7%) above asking price over the last 30 days (March 30 - April 28), which represents a $65,433 decrease compared to the previous 30 day period (February 29 - March 29) and $80,000 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Clarington over the last 30 days (March 30 - April 28) stood at 60.0%, down from 75.0% over the previous 30 days (February 29 - March 29) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Clarington stood at 21 days when successfully sold over the last 30 days (March 30 - April 28), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Jazz Inc.
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