$1,199,900 - 2433 Courtice Road, Clarington
Commercial for Sale in Clarington
Popular ListingNeighbourhood: Courtice
- MLS Number
- E13494028
- Property Type
- Commercial
- Status
- active
- Days on Site
- 11
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- Strive Realty Ltd.
Live-Work-Invest or Rental Income Opportunity! Fully Renovated 1954 Sqft (per MPAC) Century Home Situated On 0.54 Ac In Courtice's Residential Development Hub + 3 Industrial Garages w/Office . Land is Designated For Future Use As "Medium Density Regional Corridor" In The Approved And Finalized Southeast Courtice Secondary Plan - Many Potential Future Development Options. Modern, Upgraded Home, Feat Dine-In Kitchen With Upgraded Appliances, Three Bedrooms Upstairs With Main-Level Addition Ideal For A Large Fourth Bedroom, Family Room, Or Home Office. Fully Updated Systems: New Propane Furnace And A/C, Updated Plumbing And Electrical, All New Windows And Doors & Stairs, New Well, And New Septic System. Three Detached Commercial/Industrial Garages + Office Offer Excellent Space For The Entrepreneur Or Small Business Owner, With Ample Room For Operations, Storage, And Vehicles - Complete With An Operational Vehicle Hoist. A Prime Location With Future Upside, Just South Of Hwy 2 On Courtice Road, With Good Shepherd Elementary & Holy Trinity Secondary Schools Across The Road. Farmland At The Rear, Yet Essentially In-Town Convenience In A Rapidly Developing Area. Position Yourself For Long-Term Appreciation As Municipal Site Servicing Comes Online. This Exceptional Property Delivers Comfortable Accomodations, Business Versatility, And Future Development Potential In One Package
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/mo
5-yr fixed avg.
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.
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
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.
2433 Courtice Road, Clarington
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $1,199,900/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 11-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Clarington transactions.