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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

7 Beds

5 Baths

Save

Est. payment | -/mo

Save

7 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Bowmanville

MLS Listing ID E13513890

Style Bungalow

Bedrooms 7

Annual Tax Amount $6,235

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self contained units. This well-maintained income producing property consists of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing an ideal unit mix for strong and consistent rental demand. The units have been thoughtfully updated throughout with modern finishes, creating turnkey living spaces that appeal to quality tenants while helping minimize future maintenance. Each residence offers bright, functional layouts with spacious principal rooms and excellent livability. A standout feature is the oversized double detached garage, offering additional storage; parking, or future income potential. Ample parking is available at both the front and rear of the property, providing convenience for multiple tenants. Each semi is independently serviced with its own gas meter, hydro meter, furnace, and water heater, simplifying property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200 in monthly rental income potential, this is an outstanding opportunity for investors seeking strong cash flow with a gross cap rate of approximately 7.2%. Whether you are looking to expand your portfolio or acquire a high performing multi residential asset with long term appreciation potential, this rare offering delivers exceptional value.

Location

Province ON

County Durham

Area Durham

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 5

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter, Water Heater

Cooling None

Inclusions All appliances, all electrical light fixtures, 2 furnaces, 2 hot water tanks.

Exterior

Exterior Feature Landscaped, Patio, Porch, Year Round Living

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 165.62

Total Parking Spaces 9

Building

Foundation Concrete

Others

Senior Community Yes

ParcelsYN No

Listed by RE/MAX Jazz INC.

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+1(647) 493-3579

info@tonyledi.com

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27 Waverley RD Clarington, ON L1C 1K8