667 Townline Road N Clarington, Ontario L1E 2J4
$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:63203)
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 Ft2 |
| 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 | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 4.88 m | 2.93 m | 4.88 m x 2.93 m |
| Main Level | Dining Room | 3.42 m | 3.89 m | 3.42 m x 3.89 m |
| Main Level | Kitchen | 3.76 m | 3.9 m | 3.76 m x 3.9 m |
| Main Level | Primary Bedroom | 3.96 m | 3.03 m | 3.96 m x 3.03 m |
| Main Level | Bedroom 2 | 2.39 m | 3.83 m | 2.39 m x 3.83 m |
| Main Level | Bedroom 3 | 3.57 m | 2.87 m | 3.57 m x 2.87 m |
| Main Level | Office | 2.38 m | 3.33 m | 2.38 m x 3.33 m |
| Upper Level | Bedroom 4 | 5.43 m | 2.74 m | 5.43 m x 2.74 m |
| Upper Level | Bedroom 5 | 6.45 m | 2.63 m | 6.45 m x 2.63 m |
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July 06 2026 11:01:43
Toronto Regional Real Estate Board
Royal LePage Ignite Realty