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. 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:15069)

Property Details

MLS® Number E13513890
Property Type Multi-family
Community Name Bowmanville
Amenities Near By Hospital, Park, Place Of Worship, Schools, Public Transit
Features Irregular Lot Size, Flat Site, Level
Parking Space Total 9
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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