63 Lambs Lane, Clarington, ON L1C 3G6

Clarington L1C 3G6 Ontario

MLS: E12095939

$1,999,000

Added 3 days ago | For Sale

Listed by: MYSAK REALTY INC.

About Property

Phenomenal investment opportunity in a prime AAA Bowmanville location! Featuring 11 spacious 2-bedroom units, all just minutes from public transit, grocery stores, restaurants, and other essential amenities. Separate Hydro Meters (Landlord Pays) , Thermal Windows replaced in 2006, Flat roof redone in 2015, Onsite laundry facilities generate steady monthly income, while 14 onsite parking spaces offer additional current and future revenue potential. The large basement space, currently used for tenant storage lockers, presents an exciting opportunity to potentially add an additional bachelor unit. With approx. 104% upside on the existing rent roll upon tenant turnover, this property offers massive value-add potential for investors. Well-located, and full of untapped potential.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 90 X 127.71
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:High St./Fourth St.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $25325
  • Bedrooms:
  • Total Parking Spaces:14
  • Parking Places:14
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E12095939

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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