Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 5
- Bathrooms
- 3
5
Bedrooms
3
Bathrooms
1,100-1,500 sqft
Square Feet
71.5 x 304 FT
Lot
7
Parking
Property Snapshot
Key details for this listing
MLS #E13529452
Property
Type, style and structure
- Type
- residential
- Style
- detached / Detached
- Structure
- Storey 1 5
- Ownership
About This Property
This 5-bedroom, 3-bathroom detached in Clarington offers 1,100-1,500 sqft of square feet on a 71.5 x 304 FT lot. 1 storey. The home features central air, a none basement. Highlights include a none pool.
MLS Remarks
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:60351)
Full Listing Details
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