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$999,999 total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
99%
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 27 WAVERLEY ROAD, Clarington (Bowmanville).
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.