$898,000

For sale

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667 Townline Road North, Clarington (Courtice) - Single Family for Sale

667 Townline Road North, Clarington (Courtice), Ontario, L1E2J4

5 beds3 baths parking

89 George Reynolds Drive, Clarington (Courtice), Ontario, L1E2E7

3 bd2 ba3 pk1,300 ft²Lot size 49 × 104 ft (5,137 sq ft)

Listed by Keller Williams Energy Real Estate

170 Elmer Adams Drive, Clarington (Courtice), Ontario, L1E0G4

For saleJust listed

Today

$800K

170 Elmer Adams Drive, Clarington (Courtice), Ontario, L1E0G4

5 bd4 ba5 pk2,250 ft²Lot size 30 × 101 ft (2,985 sq ft)

Listed by CINDY & CRAIG REAL ESTATE LTD.

100 Fieldcrest Avenue, Clarington (Courtice), Ontario, L1E2Y9

For saleJust listed

2 days ago

$699K

100 Fieldcrest Avenue, Clarington (Courtice), Ontario, L1E2Y9

4 bd4 ba3 pk1,750 ft²Lot size 30 × 115 ft (3,418 sq ft)

Listed by CENTURY 21 PARAMOUNT REALTY INC.

35 Fieldcrest Avenue, Clarington (Courtice), Ontario, L1E2X3

For saleJust listed

6 days ago

$725K

35 Fieldcrest Avenue, Clarington (Courtice), Ontario, L1E2X3

4 bd2 ba5 pk1,300 ft²Lot size 30 × 112 ft (3,292 sq ft)

Listed by CENTURY 21 INFINITY REALTY INC

Investment analysis

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$898,000

Clarington

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72 × 304 ft (21,736 sq ft) lot size

Overview

This 5-bedroom, 3-bathroom home in Clarington is for sale.

Houses for Sale in Clarington →All real estate in Clarington →

Description

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:66096)

Property Details

MLS®: E13529452
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 7
Lot Size: 72 × 304 ft (21,736 sq ft)
Frontage: 72 ft
Storeys: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $5,555.63/yr
Listed: 121 days ago

Rooms

Main level

Living room: 4.88 x 2.93 meters
Dining room: 3.42 x 3.89 meters
Kitchen: 3.76 x 3.9 meters
Primary Bedroom: 3.96 x 3.03 meters
Bedroom 2: 2.39 x 3.83 meters
Bedroom 3: 3.57 x 2.87 meters
Office: 2.38 x 3.33 meters

Upper Level

Bedroom 4: 5.43 x 2.74 meters
Bedroom 5: 6.45 x 2.63 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Microwave, Hood Fan, Water Heater
Flooring: Laminate, Carpeted
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

121d

Clarington (Courtice) listings, avg age

61d

List price

$898K

Homes here sell faster than most markets

Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Clarington (Courtice) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE IGNITE REALTY · VERN BALACHANDRAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1E)

This home lists at $898,000, about 7.3× the local median household income of $123,000.

Carrying it typically needs a household income of about $175,411 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $123,000
Population: 28,325
Median age: 39.2
Owner / renter: 92% / 8%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L1E)

$898,000

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,800

Min 7.22%50%

Mortgage payment$4,619/mo

↳ CMHC premium ($33,328 capitalized)

Property tax (est.)$463/mo

Total monthly$5,082

Cash Needed to Close

Down payment (7.22%)$64,800

Land transfer tax$14,435

Est. closing costs$5,194

Total cash needed$84,429

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