1576 Highway 2 Road, Clarington

Price: $789,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13537430

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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$789,900 - 1576 Highway 2 Road, Clarington

Detached for Sale in Clarington

47 days on market

Neighbourhood: Courtice

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13537430
Property Type
Detached
Status
active
Days on Site
47
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Clarington
Listing Brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,052.60/mo

Includes CMHC insurance ($22,038)

$
$
5%10%50%

5-yr fixed avg.

Principal: $710,910Interest: $482,831
Mortgage Amount$732,948
Total Interest$482,831
Est. Property Tax$560/mo
Total Cost$1,215,779

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

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Neighbourhood Guide: Courtice

Discover Courtice

Courtice is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Courtice

  • Convenient location in Clarington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Courtice offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1576 Highway 2 Road, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$560
Insurance (est.)-$165
Net Cash Flow+$2,075

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $718/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 47 days on site, this property has exceeded the typical selling timeline for Clarington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Clarington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Courtice

I know Courtice well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Clarington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1576 Highway 2 Road, Clarington | $789,900 | Battaglia Team