Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units and approximately $7,200/month in rental income. The well-maintained property offers an attractive unit mix consisting of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing flexibility and strong appeal to a broad range of tenants. Thoughtfully updated throughout with modern finishes, each unit offers a comfortable, turnkey living environment with bright, functional layouts, spacious principal rooms, and well-designed floor plans. The property has been maintained with both tenant appeal and long-term ownership in mind. A standout feature is the oversized double detached garage, offering valuable additional storage and parking potential. Ample parking is also available at both the front and rear of the property, providing exceptional convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, helping simplify property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200/month in rental income, this investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong income and long-term appreciation potential. Whether you're expanding an existing portfolio or looking for a high-performing multi-residential investment, this rare offering delivers an outstanding combination of income, flexibility, efficient ownership, and long-term investment potential.
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:
$6,232 /
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
Hot water tanks
All appliances, all electrical light fixtures, 2 furnaces
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.