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
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.
