27 Waverley Road, Clarington, ON L1C 1K8

$1,200,000
7
BD
5
BA
1,500
SqFt

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List Price
$1,200,000
MLS#
E13513890
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
Bungalow
Bedrooms
7
Bathrooms
5
Living Area
1500-2000
Province
ON
Municipality
Clarington
Area
Durham
Neighborhood
Bowmanville
Subdivision
Roenigk Dr / King St W

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.

Additional Information

Taxes
$6,234
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
5
Exterior
Brick, Vinyl Siding
Waterfront Type
None
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
9
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Jazz INC..