5 King Court, Clarington

$325,000
5 King Court

$325,000

New
3d
DetachedBungalow

5 King Court, Clarington

Total Monthly Obligation $1,686

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
3d
Score
80
Yield
11.1%
Cash on Cash
26.5%
Cap Rate
10.3%
5Y IRR
37.5%
10Y IRR
33.9%
Property Type-Detached
MLS® Number-E14099228
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Parking-3 - Carport
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Newcastle
Title-Residential Freehold

No agent assigned

Opportunity Knocks! Welcome to this 2-bedroom, 2-full-bathroom bungalow in the highly sought-after Wilmot Creek Adult Lifestyle Community. Rarely offered, this Windjammer model presents a wonderful opportunity to add your personal touch and make it your own. Featuring a covered front porch and carport with parking for 3 vehicles, this bright home offers a spacious foyer with ample storage, open-concept living and dining areas with vaulted ceilings, and large windows providing abundant natural light. The living room features a walkout to the patio and private backyard, while the spacious eat-in kitchen offers ample cabinetry, generous counter space and a convenient patio walkout. The primary bedroom includes a large walk-in closet and 3-piece ensuite, while the spacious second bedroom offers a large double closet. Additional highlights include ensuite laundry and plenty of storage throughout. Clean and bright, this home is an excellent opportunity to personalize and update over time while enjoying the exceptional Wilmot Creek lifestyle. The monthly fee includes water, sewer and snow removal, along with access to an impressive array of amenities including The Wheelhouse, 100+ clubs and activities, fitness facilities, tennis, pickleball, lawn bowling, scenic trails, a private 9-hole golf course, indoor and outdoor saltwater pools, hot tubs, sauna, library, woodworking shop and more. An 800-seat auditorium hosts dances, theatre productions and community events, with a pharmacy and hair salon also on site. Surrounded by nature and close to the waterfront, shopping and dining, this is a wonderful opportunity to create a home that's uniquely yours while enjoying everything Wilmot Creek has to offer. 2 Bedrooms | 2 Bathrooms | Windjammer Model | 3-Car Parking | Private Backyard | Vaulted Ceilings | 3-Piece Ensuite | Ensuite Laundry | 9-Hole Golf Course | Indoor & Outdoor Pools | 100+ Clubs & Activities

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$260,000
Land Transfer Taxes$3,350
Legal Fees (Est.)
$
Total cash required for closing$69,850

Total Monthly Obligation

$1,686/mo
Mortgage $1,311
Monthly Loss $1,341
Principal$345
Interest$966
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
8.6%78
Cash-on-Cash
17.4%86
5-Year IRR
30.1%100
10-Year IRR
27.5%
Returns Index
90.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,000/yr
NOI
$27,900/yr
Net Cash Flow
$1,014/mo
Cash Margin
33.8%98
Cash Flow Index
97.7/ 100
Risk Profile
Weight: 20%
DSCR
1.7789
LTV Ratio
80.0%18
Vacancy Buffer
5.4 mo88
Risk Index
65.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 King Court

Time

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