For Sale · Multifamily

27 WAVERLEY ROAD, Clarington (Bowmanville)

27 WAVERLEY ROAD, Clarington (Bowmanville), ON L1C1K8

$999,999 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

99%

About this property

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:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$50K

Annual cash flow

$-6K

Cash-on-cash

-1.89%

DSCR

0.90

Going-in cap

4.97%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

107,214

Households

45,818

Median income

$86,000

Median age

44.8

Daytime population

92,040

5-yr growth

2.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 27 WAVERLEY ROAD, Clarington (Bowmanville).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.