$1,200,000
Available - For Sale
Listing ID: E13513890
27 Waverley Road , Clarington, L1C 1K8, Durham
| 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. |
| Price | $1,200,000 |
| Taxes: | $6238.00 |
| Occupancy: | Owner+T |
| Address: | 27 Waverley Road , Clarington, L1C 1K8, Durham |
| Directions/Cross Streets: | Roenigk Dr / King St W |
| Rooms: | 15 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Apartment, Separate Ent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 2 | Main |
| Washroom Type 4 | 4 | Lower |
| Washroom Type 5 | 4 | Lower |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | Bungalow |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 7 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Hospital, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Jazz INC. |
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|
Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Durham |
| Municipality: | Clarington |
| Neighbourhood: | Bowmanville |
| Style: | Bungalow |
| Tax: | $6,238 |
| Beds: | 7 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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