For Sale - 667 Townline Road, Clarington, Ontario

Est payment $4,312/mo
Views   1
Time on Jump  1 days
  • 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 Agency:  ROYAL LEPAGE IGNITE REALTY

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667 Townline Road
Clarington , Ontario
5 3 $898,000
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