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$1,100,000
Clarington
27 Waverley Road, Clarington (Bowmanville), Ontario, L1C1K8
This multi-family property in Clarington is for sale offering roughly 1,750 sq ft of space.
Exceptional investment opportunity in Bowmanville featuring 2 semi-detached homes under 1 ownership, offering a total of 4 self-contained residential units and multiple income streams. The unit mix includes 1 spacious 2-bedroom, 1-bathroom unit, 1 generous 2-bedroom, 2-bathroom unit, and 2 1-bedroom 1-bathroom units, appealing to a range of tenants. Thoughtfully updated and well maintained, the units feature modern finishes, functional layouts, bright interiors, and comfortable living spaces. Both are independently serviced with their own gas meter, hydro meter, furnace, and water heater, providing added convenience for property management and utility allocation. An oversized double detached garage offers valuable parking and storage, while ample parking at both the front and rear of the property adds further convenience for residents and guests. A rare opportunity for investors seeking a versatile multi-residential property with revenue and long-term potential. Property taxes reflect both homes. 2 Semi-Detached Homes | 4 Self-Contained Units | Oversized Double Detached Garage | Ample Front & Rear Parking | Independently Serviced. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 125 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 7-bed multi-family in Clarington (Bowmanville) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,100,000, about 10.1× the local median household income of $109,000.
Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 97% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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