$898,000
 $4,821 est/mo Sourced by Back At You

667 Townline Road N,Clarington (Courtice), ON L1E2J4

Clarington (Courtice), ON L1E2J4

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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:13843)

Details

MLS #E13529452
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site113
Listing Provided ByROYAL LEPAGE IGNITE REALTY | VERN BALACHANDRAN

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet1,100
Garage7
Story(s)1

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Microwave, Hood Fan, Water Heater
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete

Parking

Parking FeaturesDetached Garage, Garage
Parking Total7

Utilities

SewerSeptic System
Water SourceMunicipal water

Taxes

Tax Annual Amount5555.63

Area Information

ProvinceON
CityClarington (Courtice)
Postal CodeL1E2J4
Listing VS Median (in L1E2J4)
Price:
$898,000
low | high
Med:
$898,000
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$816
low | high
Med:
$816
50% of Average
On site:
113
low | high
Med:
113
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Trevor Docherty

Trevor Docherty

Sutton Group - Muskoka Realty Brokerage

Broker/Owner (705) 787-5060tdocherty@sutton.com
ProvinceON
CityClarington (Courtice)
Postal CodeL1E2J4
Listing VS Median (in L1E2J4)
Price:
$898,000
low | high
Med:
$898,000
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$816
low | high
Med:
$816
50% of Average
On site:
113
low | high
Med:
113
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:06:28 AM PDT

Trevor Docherty - Sutton