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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Bungalow
Total Approx Floor Area:
1500-2000
Lot Depth:
165'7½"50.5 m
Lot Frontage:
66'20.1 m
Lot Shape:
Irregular
Topography:
Flat, Level
Direction Faces:
West
Bedrooms:
7
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
7
Kitchens Above Grade:
5
Rooms Above Grade:
15
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Other Structures:
Garden Shed
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
9.0
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
66.06 ft x 165.74 ft x 66.06 ft x 165.39
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$6,238 /
2025
Assessment:
$- /
-
Durham
Clarington
Bowmanville
Hospital, Library, Park, Place Of Worship, School, Public Transit
Separate Heating Controls, Separate Hydro Meter, Water Heater
Landscaped, Patio, Porch, Year Round Living
None
All appliances, all electrical light fixtures, 2 furnaces, 2 hot water tanks.
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