667 TOWNLINE ROAD N, Clarington, Ontario, L1E 2J4

$898,000

MLS® # E13529452

House For Sale In Rural Clarington, Clarington, Ontario

$898,000

  • 5

    Bedrooms

  • 3

    Baths

  • 71.5 x 304 FT

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: None
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Flooring Type: Laminate, Carpeted
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Hood Fan, Range, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 304 Feet
  • Lot Frontage: 71.5 Feet
  • Lot Size: 71.5 x 304 FT
  • Sewer: Septic System
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 7

Rooms:

  • Living Main Level 4.88 m x 2.93 m
  • Dining Main Level 3.42 m x 3.89 m
  • Kitchen Main Level 3.76 m x 3.90 m
  • Primary Bedroom Main Level 3.96 m x 3.03 m
  • 2nd Bedroom Main Level 2.39 m x 3.83 m
  • 3rd Bedroom Main Level 3.57 m x 2.87 m
  • Office Main Level 2.38 m x 3.33 m
  • 4th Bedroom Upper Level 5.43 m x 2.74 m
  • 5th Bedroom Upper Level 6.45 m x 2.63 m

Courtesy of: Royal LePage Ignite Realty

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