500 King Avenue, Clarington, ON

$4,799,000
MLS#:E13698044
0 beds
0 baths
Commercial
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Added:Aug 20, 2026(14 days ago)
Updated:Aug 20, 2026(14 days ago)
Last Checked:3 minutes ago

Property Highlights

Welcome to this remarkable land located in the coveted neighborhood of Newcastle. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 922 x 292 ft lot size

Description

** Power of Sale ** 500 King Avenue West, situated in the heart of Newcastle. This offering represents a rare opportunity to acquire an infill mixed use development site with significant redevelopment potential. The Property comprises approximately 5.3 gross acres that are designated Urban Residential and benefits from full municipal services, and is located within an established residential neighbourhood. Positioned minutes from Highway 401and surrounded by established and emerging residential communities, the Site is ideally situated to capitalize on continued population growth and housing demand throughout the Municipality of Clarington. With ongoing development activity in the immediate area, including large-scale residential communities and intensification projects underway by major urban developers such as Treasure Hill, Lindvest and Brookfield. 500 King Avenue West offers developers, builders, and investors a compelling opportunity to acquire a well-located infill asset with multiple pathways to value creation in a rapidly evolving growth market. Legal description: PIN: 266580890Legal Description: PART LOT 30 CONCESSION 2 CLARKE PART 1, 40R26036 SAVE & EXCEPT PART 9, 40R28056 &PART 7, 40R30883 MUNICIPALITY OF CLARINGTONPIN: 266580175Legal Description: PART OF LOT 30 CONCESSION 2 CLARKE, PART 2, 40R26036 MUNICIPALITY OF CLARINGTONPIN: 266580366Legal Description: PART OF LOT 30 CONCESSION 2 CLARKE, PART 3, 40R26036, SAVE & EXCEPT PARTS1, 2, 3, 10 & 11, PLAN 40R28056 MUNICIPALITY OF CLARINGTONPIN: 266580897PART LOT 30 CONCESSION 2 CLARKE (NEWCASTLE) (CLOSED BY BY-LAW DR2073988) PART 1, 40R30883MUNICIPALITY OF CLARINGTONPIN: 266580365Legal Description: PART OF LOT 30 CONCESSION 2 CLARKE, PARTS 2, 10 & 11, PLAN 40R28056 SUBJECT TO ANEASEMENT IN GROSS OVER PARTS 10 & 11, PLAN 40R28056 AS IN DR1206893 MUNICIPALITY OF CLARINGTON

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Property Summary

This land located at 500 King Avenue, Clarington is currently for sale and has been available on SousaSells for 14 days. This property is listed at $4,799,000 with an estimated mortgage of $15,974* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 500 King Avenue, Clarington is in the Newcastle neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Newcastle, Clarington.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Land architecture in Newcastle, Clarington
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
AddedAug 20, 2026 (14 days ago)
UpdatedAug 20, 2026 (14 days ago)
Last Checked3 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size922 × 292 Feet
CountyDurham
Annual Tax$104,858.18
Legal DescriptionSee remarks for full legal description.

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 500 King Avenue, Clarington, ON

Q.What is the asking price for 500 King Avenue, Clarington, ON ?

The current listing price for 500 King Avenue, Clarington, ON in Newcastle, Clarington is $4,799,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 500 King Avenue, Clarington, ON ?

500 King Avenue, Clarington, ON is a Land () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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500 King Avenue, Clarington, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Newcastle, Clarington

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents22 incidents / yr
Average Per Month1.8 incidents / mo
Population Benchmark12,000 residents
Personal Safety
Very Low

5 assaults (41.7/100k)

Property Security
Very Low

5 B&E (41.7/100k)

Auto Theft Risk
Moderate

7 thefts (58.3/100k)

1-Year Trend
â–¼ 7%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Durham Regional Police Service (DRPS) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 500 King Avenue W, Clarington, ON L1B 0C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Clarington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,439,700 (30.0%)
* Minimum Canadian down payment required for this price is $959,800.
Amortization Period30 Years
Estimated Monthly Payment$15,974Based on a loan of $3,359,300 over 30 years.
Purchase Price$4,799,000
Loan Amount$3,359,300
Provincial Land Transfer Tax:$106,450
Total Estimated Closing Taxes:$106,450

About Purchasing a Home in Clarington, ON

For a property listed at $4,799,000 in Clarington, the legal minimum down payment is $959,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $106,450 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $106,450.

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Newcastle, Clarington Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Newcastle, Clarington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$856,086

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Newcastle, Clarington

Elementary Schools

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Secondary Schools

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Newcastle, Clarington Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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