27 Waverley Road, Clarington, ON L1C 1K8

$1,200,000
7
BD
5
BA
1,500
SqFt

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List Price
$1,200,000
MLS#
E13513890
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
Bungalow
Bedrooms
7
Bathrooms
5
Living Area
1500-2000
Province
ON
Municipality
Clarington
Area
Durham
Neighborhood
Bowmanville
Subdivision
Roenigk Dr / King St W

Property Description

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units. This well-maintained, income-producing property includes 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 to attract strong, consistent rental demand. Thoughtfully updated throughout with modern finishes, each unit offers turnkey living spaces designed to appeal to quality tenants while minimizing future maintenance. Bright, functional layouts, spacious principal rooms, and well-designed floor plans enhance the overall appeal. A standout feature is the oversized double detached garage, offering excellent potential for additional storage, tenant parking, or future income opportunities. Ample parking is available at both the front and rear of the property, providing added convenience for residents and guests. Each semi-detached home 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 per month in rental income, this exceptional investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong cash flow and long-term appreciation. Whether you're expanding your portfolio or acquiring a high-performing multi-residential asset, this rare offering delivers an outstanding combination of income, efficiency, flexibility, and long-term investment potential.

Additional Information

Taxes
$6,233
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
5
Exterior
Brick, Vinyl Siding
Waterfront Type
None
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
9
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Jazz INC..