27 Waverley Road Clarington, Ontario L1C 1K8

7 Bedroom 5 Bathroom 1,500 - 2,000 sqft
Bungalow None Forced Air Landscaped

$1,200,000

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units and approximately $7,200/month in rental income. The well-maintained property offers an attractive unit mix consisting of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing flexibility and strong appeal to a broad range of tenants. Thoughtfully updated throughout with modern finishes, each unit offers a comfortable, turnkey living environment with bright, functional layouts, spacious principal rooms, and well-designed floor plans. The property has been maintained with both tenant appeal and long-term ownership in mind. A standout feature is the oversized double detached garage, offering valuable additional storage and parking potential. Ample parking is also available at both the front and rear of the property, providing exceptional convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, helping simplify property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200/month in rental income, this investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong income and long-term appreciation potential. Whether you're expanding an existing portfolio or looking for a high-performing multi-residential investment, this rare offering delivers an outstanding combination of income, flexibility, efficient ownership, and long-term investment potential. (id:49269)

Property Details

MLS® Number E13513890
Property Type Multi-family
Community Name Bowmanville
Amenities Near By Hospital, Park, Place Of Worship, Schools, Public Transit
Equipment Type Water Heater
Features Irregular Lot Size, Flat Site, Level
Parking Space Total 9
Rental Equipment Type Water Heater
Structure Patio(s), Porch, Shed

Building

Bathroom Total 5
Bedrooms Above Ground 7
Bedrooms Total 7
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, All
Architectural Style Bungalow
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a, N/a
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,500 - 2,000 Sqft
Type Other
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Schools, Public Transit
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 165 Ft ,7 In
Size Frontage 66 Ft
Size Irregular 66 X 165.6 Ft ; 66.06 Ft X 165.74 Ft X 66.06 Ft X 165.39
Size Total Text 66 X 165.6 Ft ; 66.06 Ft X 165.74 Ft X 66.06 Ft X 165.39

https://www.realtor.ca/real-estate/29979495/27-waverley-road-clarington-bowmanville-bowmanville

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