50 Arthur St
Newcastle, Clarington, L1B 1J8
FOR SALE
$899,000
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4
BEDROOMS2
BATHROOMS2
KITCHENS11
ROOMSE8151786
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Property Description
Legal Duplex Situated On An Oversized 234 Ft Deep Lot Steps To Downtown Newcastle, Transit & Minutes To 401 & 115/35. Features 2 Above Grade Units That Have Been Renovated Top To Bottom In High Quality Finishes. Each Unit Has 2 Bedrooms, Their Own Washer & Dryer, Luxury Plank Vinyl Flooring, Quartz Counter Tops & Backsplash & New Bathrooms & Kitchens. Hydro & Water Is Separately Metered, There Are 2 100 Amp Electrical Panels, Furnace ( 2014), A/C (2021), Roof ( 2014), Newer Windows. This Is A Turn Key Investment With Loads Of Potential. You Can Build Onto The Existing Structure To Make It Bigger, Live In One Unit And Rent Out The Other Or Just Build Your Investment Portfolio With This Turn Key Property. Main Floor Tenant is Vacating May 22nd. There Is Nothing Like It In Newcastle And The 234Foot Deep Lot Offers So Much Space To Develop.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-11-18 | 2021-12-16 | 28 | $2,000 | - | Terminated |
| 2021-04-15 | 2021-04-21 | 6 | $1,850 | $1,950 | Leased |
Extras
Includes 4 (Four) Sets Of Washer & Dryer ( There Are Spares In The Furnace Room) , 2 Fridges, 2 Stoves, 2 HWT ( Owned 2 Years Old)
Property Features
Park, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
66' x 234'
Acreage
< .50
Fronting
West
Taxes
$3,232 (2023)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.02' x 11.98' | |
| Living | Main | 13.09' x 20.05' | |
| Br | Main | 10.99' x 12.01' | |
| 2nd Br | Main | 10.99' x 12.04' | |
| Laundry | Main | 3.28' x 7.02' | |
| Kitchen | Upper | 8.10' x 11.98' | |
| Dining | Upper | 8.10' x 11.98' | |
| Living | Upper | 6.07' x 8.10' | |
| Laundry | Upper | 5.09' x 7.02' | |
| Br | Upper | 9.06' x 12.01' | |
| 2nd Br | Upper | 8.40' x 12.01' |
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Clarington Market Statistics
Clarington Price Trend
50 Arthur St is a 4-bedroom 2-bathroom home listed for sale at $899,000, which is $155,230 (14.7%) lower than the average sold price of $1,054,230 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 4 bedroom home in Clarington declined by $39,122 (3.6%) compared to the previous 30 day period (March 3 - April 1) and up $5,330 (0.5%) from the same time one year ago.Inventory Change
There were 79 4-bedroom homes listed in Clarington over the last 30 days (April 2 - May 1), which is up 6.8% compared with the previous 30 day period (March 3 - April 1) and up 54.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Clarington typically sold $63,760 (6.0%) above asking price over the last 30 days (April 2 - May 1), which represents a $18,989 increase compared to the previous 30 day period (March 3 - April 1) and $44,717 more 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 4-bedroom homes in Clarington over the last 30 days (April 2 - May 1) stood at 58.2%, up from 45.9% over the previous 30 days (March 3 - April 1) and down from 88.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Clarington stood at 6 days when successfully sold over the last 30 days (April 2 - May 1), compared to 31 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Impact Realty
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