Natasha
Jolanda
Learie
667 Townline Road - $898,000
667 Townline Road - $898,000
667 Townline Road
$898,000
Courtice
Clarington Courtice, OntarioL1E2J4
5 beds
3 baths
7 parking
MLS#: E13529452Listed: 2 days agoUpdated:1 day ago
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:63050)Details
Details for 667 Townline Road, Clarington Courtice, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 1.5
- Neighborhood
- Courtice
- Land Size
- 71.5 x 304 FT
- Year Built
- -
- Annual Property Taxes
- $5,556
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Microwave, Hood Fan, Water Heater
- Rooms
- 9
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- None
Building
- Architecture Style
- -
- Direction
- Townline Rd N / Taunton Rd E
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick
- Foundation
- Concrete
- Flooring
- Laminate, Carpeted
Land
- Sewer
- Septic System
- Lot Size
- 71.5 x 304 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 7
Utilities
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 667 Townline Road, Clarington Courtice, OntarioMap
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