63 Lambs Lane Clarington, Ontario L1C 3G6
$1,999,000
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. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
| Name | Purpose Built 11 unit Apartment Building |
Property Details
| MLS® Number | E12095939 |
| Property Type | Multi-family |
| Community Name | Bowmanville |
| AmenitiesNearBy | Highway, Public Transit |
| ParkingSpaceTotal | 14 |
Building
| Appliances | Dryer, Water Heater, Stove, Washer, Refrigerator |
| HeatingType | Baseboard Heaters |
| SizeInterior | 11495 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 127 Ft ,8 In |
| SizeFrontage | 90 Ft |
| SizeIrregular | 90 X 127.71 Ft |
| SizeTotalText | 90 X 127.71 Ft |
| ZoningDescription | R1 |
https://www.realtor.ca/real-estate/28196419/63-lambs-lane-clarington-bowmanville-bowmanville
Interested?
Contact us for more information
Ashley Lapier
Broker
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
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April 22 2025 04:39:04
Toronto Real Estate Board
Mysak Realty Inc.
