667 TOWNLINE ROAD N
Clarington (Courtice), Ontario
MLS® E13529452
$898,000
- Status
- Active
- Property type
- House
- MLS® number
- E13529452
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
Listing 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.
Property summary
- MLS® number
- E13529452
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 71.5 x 304 FT
- Annual property taxes
- $5,555.63
- Parking
- 7 spaces · Detached Garage, Garage
- Days on market
- 54 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- None
- Flooring
- Laminate, Carpeted
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Microwave, Hood Fan, Water Heater
- Exterior features
- Brick
What would this home cost you?
Based on the $898,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE IGNITE REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.