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8 Wellington St

Wellington St, Bowmanville, Clarington, ON, L1C 2L7

6
Beds
5
Baths
-
$XXX,XXX
Details
Photos
1
Comparables
History
8 Wellington St, Clarington, ON
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Calling all Investors! Rarely offered Multiplex in the heart of Downtown Bowmanville walking distance to all amenities, steps to transit and 3 minutes to 401 HWY. Legal Non conforming Fourplex with additional unit, 5 separate hydro meters, 1 house meter that includes the lower unit and four individual meters for the remaining units, 5...

Calling all Investors! Rarely offered Multiplex in the heart of Downtown Bowmanville walking distance to all amenities, steps to transit and 3 minutes to 401 HWY. Legal Non conforming Fourplex with additional unit, 5 separate hydro meters, 1 house meter that includes the lower unit and four individual meters for the remaining units, 5 paved designated parking spaces plus one visitor parking. Strong rental revenue with good long term tenants. Monthly rents total $6388.00 with approx 65K annual NOI. The majority of the units have been updated with new kitchens, baths etc. Excellent property to add to your existing portfolio or golden opportunity to get started in the property management/income property business. Attractive long term hold rapidly in the expanding municipality of Clarington. Very high demand for rental units in the area. Under 1 hour to downtown Toronto.

Property Details

Size

Sq. Ft. Not Available
6 Beds
6 Above Grade
5 Baths

Parking

5 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Apartment
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$4,835.36

Source

Listing Brokerage

MLS® Listing
E7395052
Last Updated
March 13, 2024
Brokerage
ROYAL SERVICE REAL ESTATE INC.
Call us 800-591-0566

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