667 Townline Road N Clarington, Ontario L1E 2J4

5 Bedroom 3 Bathroom 1,100 - 1,500 sqft
Central Air Conditioning Forced Air

$898,000

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:15069)

Property Details

MLS® Number E13529452
Property Type Single Family
Neigbourhood Eastdale
Community Name Courtice
Parking Space Total 7

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Dishwasher, Dryer, Water Heater, Microwave, Oven, Hood Fan, Range, Stove, Washer, Refrigerator
Basement Type None
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Laminate, Carpeted
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Septic System
Size Depth 304 Ft
Size Frontage 71 Ft ,6 In
Size Irregular 71.5 X 304 Ft
Size Total Text 71.5 X 304 Ft

Rooms

Level Type Dimensions
Main Level Living Room 4.88 m x 2.93 m
Main Level Dining Room 3.42 m x 3.89 m
Main Level Kitchen 3.76 m x 3.9 m
Main Level Primary Bedroom 3.96 m x 3.03 m
Main Level Bedroom 2 2.39 m x 3.83 m
Main Level Bedroom 3 3.57 m x 2.87 m
Main Level Office 2.38 m x 3.33 m
Upper Level Bedroom 4 5.43 m x 2.74 m
Upper Level Bedroom 5 6.45 m x 2.63 m

https://www.realtor.ca/real-estate/29996238/667-townline-road-n-clarington-courtice-courtice

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