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Listed 28 days ago

1576 Highway 2 Road

Courtice, Clarington

$789,900

Detached|1 1/2 Storey
3 | 2 | 6
About this home

Discover the perfect blend of home, lifestyle, and opportunity with this unique **Mixed-Use Residential** property in the heart of Courtice. Whether you're looking to live, work, or invest, this thoughtfully updated 3-bedroom, 2-bathroom home offers exceptional flexibility to suit a variety of lifestyles and business opportunities. Offering 1,262 sq. ft. of living space, the home features a beautifully renovated kitchen, updated main bathroom, and a finished basement, all completed in 2023. Outside, the impressive approximately 50' x 250' lot provides endless possibilities for entertaining, expanding, gardening, or creating the outdoor oasis you've always envisioned. Enjoy your morning coffee or unwind on the welcoming front porch while taking advantage of the convenience of municipal water and sewer, completed in 2023. Whether you're searching for a place to call home, a property that supports your business, or an investment with outstanding potential, this rare Mixed-Use Residential property offers the flexibility and opportunity you've been waiting for.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,546
Lot Size49.98 ft x 257.83 ft
mls© NumberE13537430
Listed ByRE/MAX ROUGE RIVER REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,043
Property tax
$379
Heat allowance
$150
Housing costs
$4,572 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $157,980
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,324 / mo
Cash down
$157,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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