For Sale - 102-B Queen Street, Clarington, Ontario

Est payment $3,357/mo
Views   1
Time on Jump  2 day
  • Renovation project in the heart of Downtown Bowmanville, great for investors or first-time buyers.
  • Walking distance to all amenities, schools, and transit options for convenience.
  • Currently tenanted, generating monthly rents of $3,497 for immediate income potential.
  • Spacious lot with a large backyard and paved parking for 4+ vehicles.
  • Flexible closing options available for a smooth transition into property management.



Calling all investors & first time buyers! Great renovation project! Rarely offered income property in the heart of downtown historical bowmanville. Location is within walking distance to all bowmanville historical downtown amenities, schools, library, banks and restaurants. Steps to transit and 3 minutes to hwy 401. Paved parking for 4+ vehicles and huge grassed backyard with shade tree. Currently tenanted generating total monthly rents of $3,497 with annual net operating income of $23k. Furnace replaced in fall/2020. Excellent property to add to your existing portfolio or golden opportunity to get started in the property management/income property business. Deep 172 feet lot with 66 feet frontage offers long term hold potential in the bowmanville historical downtown core. Ideal for the investor looking for a project in area of high demand for rental units, or for the first time buyer looking for rental income to supplement mortgage payments. Forty (40) minute drive to yonge street & hwy 401. Buyer to complete own due diligence. Property being sold in "as-is condition". Seller makes no representations or warranties. Flexible closing available. Ideal for renovation or investment in well established high density bowmanville core.
Listing IDE13033492
Address102-B Queen Street
CityClarington, Ontario
Price$699,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public TransitHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm
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Listing Agency:  ROYAL SERVICE REAL ESTATE INC.

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102-b Queen Street
Clarington , Ontario
$699,000
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