27 WAVERLEY ROAD, Clarington (Bowmanville), Ontario, L1C1K8
Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units. This well-maintained, income-producing property includes 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 to attract strong, consistent rental demand. Thoughtfully updated throughout with modern finishes, each unit offers turnkey living spaces designed to appeal to quality tenants while minimizing future maintenance. Bright, functional layouts, spacious principal rooms, and well-designed floor plans enhance the overall appeal. A standout feature is the oversized double detached garage, offering excellent potential for additional storage, tenant parking, or future income opportunities. Ample parking is available at both the front and rear of the property, providing added convenience for residents and guests. Each semi-detached home 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 per month in rental income, this exceptional investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong cash flow and long-term appreciation. Whether you're expanding your portfolio or acquiring a high-performing multi-residential asset, this rare offering delivers an outstanding combination of income, efficiency, flexibility, and long-term investment potential. (id:2471)
ROYAL HERITAGE REALTY LTD., BROKERAGE
- 705-212-9996
- (705) 328 3800
- (705) 878 3422
- Info@Jancsiks.com
- Property Address: 27 WAVERLEY ROAD, Clarington (Bowmanville), Ontario, L1C1K8
- Community Name: Bowmanville
- Property Type: Multi-family
- Lot Size: 66 x 165.6 FT ; 66.06 ft x 165.74 ft x 66.06 ft x 165.39
- Acreage: 66 x 165.6 FT ; 66.06 ft x 165.74 ft x 66.06 ft x 165.39
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Detached Garage, Garage
- Total Parking Spaces: 9
- Maintenance Fee: 0.00
- Amenities Nearby: Hospital, Park, Place of Worship, Schools, Public Transit
- Structure Style: Other
- Storeys: 1
- Floor Space: 1500 - 2000 sqft
- Bedrooms: 7
- Bathrooms: 5-Total 1-Partial
- Basement Type: N/A, N/A
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Brick, Vinyl siding
- Foundation Type: Concrete
- Appliances Included: Water Heater, All
- Structures: Patio(s), Porch, Shed
- Irregular lot size
- Flat site
- Level
- Landscaped
Listing Office: RE/MAX Jazz INC.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Excellent Investment, Well Maintained, Close To 401 And All Amenities....
- 10 Beds
- 6 Baths
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.