Stone and siding exterior with a covered porch, white railing, arched window, and mature landscaping Features: lawn, horizontal siding, curbs, board batten siding, porch, vertical siding, downspout, metal roof, gutters More Photos

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    For Sale - 667 Townline Road, Clarington, Ontario

    Est payment $4,312/mo
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    Views   4
    Time on Jump  97 day

    AI Summary *

    • High-yield asset with immediate cash flow from a detached workshop.
    • Spacious 5-bedroom, 3-bathroom layout for rental yield and family living.
    • Recent upgrades include new flooring and fully renovated bathrooms.
    • Expansive lot offers potential for future expansions and redevelopment.
    • Prime location in Courtice, ensuring high tenant demand and convenient amenities.




    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.
    Listing IDE13529452
    Address667 Townline Road
    CityClarington, Ontario
    Price$898,000
    Bed / Bath5 / 3 Full
    Style1 1/2 Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Primary Bedroom - Main FloorOwnership FreeholdBasement NoneFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Septic

    Parking 7.00
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    Listing Brokerage: ROYAL LEPAGE IGNITE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    667 Townline Road
    Clarington , Ontario
    5 3 $898,000
    Get more info