8 Wellington St
Bowmanville, Clarington, L1C 1V2
FOR SALE
$1,179,900
Sold
$1,108,868
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6
BEDROOMS5
BATHROOMS5
KITCHENS16
ROOMSE7395052
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-12 | 2024-03-12 | 60 | $1,179,900 | $1,108,868 | Sold |
| 2023-11-17 | 2024-01-11 | 55 | $1,199,900 | - | Terminated |
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Property Description
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.
Nearby Intersections
Liberty & Concession (20)
Property Features
Hospital, Library, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Irregularities
Irregular As Per Survey Attached
Fronting
North
Taxes
$4,835 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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