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:57557)
| MLS® Number | E13529452 |
| Property Type | Single Family |
| Community Name | Courtice |
| Parking Space Total | 7 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Dryer, Water Heater, Microwave, Oven, Hood Fan, Range, Stove, Washer, Refrigerator |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Carpeted |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 304 Ft |
| Size Frontage | 71 Ft ,6 In |
| Size Irregular | 71.5 X 304 Ft |
| Size Total Text | 71.5 X 304 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 4.88 m | 2.93 m | 4.88 m x 2.93 m |
| Main Level | Dining Room | 3.42 m | 3.89 m | 3.42 m x 3.89 m |
| Main Level | Kitchen | 3.76 m | 3.9 m | 3.76 m x 3.9 m |
| Main Level | Primary Bedroom | 3.96 m | 3.03 m | 3.96 m x 3.03 m |
| Main Level | Bedroom 2 | 2.39 m | 3.83 m | 2.39 m x 3.83 m |
| Main Level | Bedroom 3 | 3.57 m | 2.87 m | 3.57 m x 2.87 m |
| Main Level | Office | 2.38 m | 3.33 m | 2.38 m x 3.33 m |
| Upper Level | Bedroom 4 | 5.43 m | 2.74 m | 5.43 m x 2.74 m |
| Upper Level | Bedroom 5 | 6.45 m | 2.63 m | 6.45 m x 2.63 m |
https://www.realtor.ca/real-estate/29996238/667-townline-road-n-clarington-courtice-courtice
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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