667 TOWNLINE ROAD N, Clarington (Courtice)

2026-07-09
 

Quick Summary

Location
667 TOWNLINE ROAD N, Clarington (Courtice), Ontario L1E2J4
Price
$898,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1100 - 1500 sqft
Bedrooms:
5
Bathrooms:
3
Garages:
7

MLS®#E13529452

Property Description

A high-yield asset combining immediate cash flow, significant capital improvements, andlong-term development potential. Situated on a massive lot in a prime Courtice location, thisproperty is flanked by custom-built estates, offering a clear path to future appreciation.Immediate Income Stream:Detached Workshop Revenue: Includes a 22.5' x 25' insulated workshop equipped with 230V powerand a separate gas furnace. Currently generating $1,000/month ($12,000/year) in rental income.High-Capacity Residential: The 5-bedroom, 3-bathroom layout maximizes rental yield, catering tothe high demand for multi-room rentals or large family dwellings.Major Capital Expenditures Completed (2024)Minimize your carrying costs and maintenance reserves with recent high-value upgrades:Interior (2024): Brand-new laminate flooring throughout, new chandeliers, and three fullyrenovated bathrooms (including a primary ensuite with a sleek glass shower).Appliances (2024): New fridge, dishwasher, washer, and dryer included.Building Envelope: Durable metal roof installed in 2018, providing long-term protection andlower insurance premiums.Strategic Asset Value:The Lot: An expansive footprint offering ample space for potential future expansions, gardensuites (ADU), or severance/redevelopment (buyer to verify).The Layout: A versatile 1.5-storey floor plan featuring a main-floor home office, twomain-floor bedrooms, and two generous upstairs bedrooms.Location: Prime Courtice North placement ensures high tenant demand and proximity to transitand essential amenities.This is a "buy and hold" or "New Build" play with a turn-key interior and a rare secondaryincome source that offsets mortgage costs from day one. (id:32467)

Property Features

Building

  • Appliances: Dishwasher, Dryer, Water Heater, Microwave, Oven, Hood Fan, Range, Stove, Washer, Refrigerator
  • Basement Type: None
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Flooring Type: Laminate, Carpeted
  • Interior Size: 1100 - 1500 sqft
  • Building Type: House
  • Stories: 1.5
  • Utility Water: Municipal water

Land

  • Land Size: 71.5 x 304 FT
  • Sewer: Septic System

Ownership

  • Type: Freehold

Information entered by ROYAL LEPAGE IGNITE REALTY
Listing information last updated on: 2026-07-07 15:57:28


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