507 Mill St S
Newcastle, Clarington, L1B 1C2
FOR SALE
$1,899,000
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4 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS7 + 5
ROOMSE8131156
MLSIDContact Us
Property Description
Welcome to your dream retreat nestled in the heart of nature! This fully renovated bungalow offers the perfect blend of modern comfort and serene surroundings. Situated conveniently close to the lake with easy access to main roads. Separate, in-law 2-bedroom walk-out suite, ideal for multi-generational living. Engineered hardwood floors that flow seamlessly throughout the living spaces. The main living area is illuminated by an abundance of natural light, enhanced by strategically placed pot lights, and the warmth of a fireplace. Beautiful stone patio and deck that overlooks the garden and creek. Oversized garage with extra storage for all your tools and outdoor gear. This home offers a peaceful retreat and yet it is conveniently located with easy access to amenities, shops, and recreational activities.
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Property Features
Beach, Grnbelt/Conserv, Ravine
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Acreage
.50-1.99
Lot Irregularities
16.22 Ft X4.47Ft X 149.42 Ft X170.16.
Fronting
East
Taxes
$6,353 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 17.03' x 12.20' | Hardwood Floor |
| Kitchen | Main | 12.96' x 11.42' | Ceramic Floor, Eat-In Kitchen, W/O To Deck |
| Living | Main | 16.54' x 26.64' | Hardwood Floor, Fireplace, W/O To Deck |
| Prim Bdrm | Main | 14.21' x 16.08' | Hardwood Floor |
| 2nd Br | Main | 11.52' x 14.70' | Hardwood Floor |
| 3rd Br | Main | 9.12' x 15.58' | Hardwood Floor |
| 4th Br | Main | 11.52' x 14.70' | Hardwood Floor |
| Kitchen | Bsmt | 13.39' x 19.19' | Hardwood Floor, Stainless Steel Appl |
| Living | Bsmt | 29.86' x 14.47' | Combined W/Family |
| Dining | Bsmt | 29.86' x 1.35' | Combined W/Dining, Fireplace, W/O To Patio |
| Prim Bdrm | Bsmt | 13.62' x 18.18' | Hardwood Floor |
| 2nd Br | Bsmt | 15.98' x 20.47' | Hardwood Floor |
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Clarington Market Statistics
Clarington Price Trend
507 Mill St S is a 4-bedroom 3-bathroom home listed for sale at $1,899,000, which is $855,250 (81.9%) higher than the average sold price of $1,043,750 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in Clarington declined by $39,426 (3.6%) compared to the previous 30 day period (February 27 - March 27) and down $27,500 (2.6%) from the same time one year ago.Inventory Change
There were 83 4-bedroom homes listed in Clarington over the last 30 days (March 28 - April 26), which is up 29.7% compared with the previous 30 day period (February 27 - March 27) and up 43.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Clarington typically sold $56,059 (5.4%) above asking price over the last 30 days (March 28 - April 26), which represents a $25,956 increase compared to the previous 30 day period (February 27 - March 27) and $37,805 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 (March 28 - April 26) stood at 53.0%, down from 53.1% over the previous 30 days (February 27 - March 27) and down from 69.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Clarington stood at 7 days when successfully sold over the last 30 days (March 28 - April 26), compared to 30 days before being removed from the market upon being suspended or terminated.Listing contracted with Engel & Volkers Toronto Central
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