1
$898,000 Sale
Listed 129 days ago
667 Townline Road N
· 5
· 3
· 1
· 1100-1500
Key Facts
Key facts for 667 Townline Road N
Property Type
House, 1 1/2 Storey
Parking
Detached 1 garage, 6 parking
MLS #
E13529452
Size
1100-1500 sqft
Basement
None
Listed on
2026-07-04
Lot size
72 x 304.0
Tax
$5,555.63 /yr
Days on Market
132
Approximate Age
-
Maintenance Fee
-
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:Detach...ed 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.
Room Types
Bedroom 2
Window, Closet
Dimensions 7.84 x 12.57 feet
98.55 sqft
Bedroom 3
Window
Dimensions 11.71 x 9.42 feet
110.31 sqft
Bedroom 4
Skylight, Broadloom
Dimensions 17.81 x 8.99 feet
160.11 sqft
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Courtesy of: ROYAL LEPAGE IGNITE REALTY