667 Townline Road N, Clarington, ON L1E 2J4
Clarington
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 667 Townline Road N, Clarington, ON L1E 2J4
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MLS# E13529452
Listed by ROYAL LEPAGE IGNITE REALTY
On market since Jul 6, 2026
What comparable homes actually sold for in the last 12 months.
667 Townline Road N, Clarington, ON L1E 2J4 is listed for $898,000 CAD.
667 Townline Road N, Clarington, ON L1E 2J4 has 5 bedrooms and 3 bathrooms.
667 Townline Road N, Clarington, ON L1E 2J4 is a Detached.
667 Townline Road N, Clarington, ON L1E 2J4 is in Clarington, Ontario.
667 Townline Road N, Clarington, ON L1E 2J4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 667 Townline Road N, Clarington, ON L1E 2J4 (MLS# E13529452). You can also send a message through the contact form on this site.
