For Sale - 7843 Old Scugog Road, Clarington, Ontario

Est payment $3,841/mo
Views   1
Time on Jump  4 day
  • Investment opportunity with 6 vacant residential units on a spacious lot.
  • Diverse unit mix with potential for renovations and new rental income.
  • Key improvements include a new roof and updated utilities.
  • Located in a growing area with good access to major highways.
  • Significant potential for income growth and long-term cash flow.



Prime 6-unit residential investment opportunity on a spacious ~0. 35-acre lot in enniskillen, within the high-growth municipality of clarington, with character roots dating back to the late 1800s. Fully vacant and self-contained, the property offers investors, renovators and contractors a rare blank canvas to reposition the building, complete renovations and establish new rents for incoming tenancies, subject to applicable ontario law. Diverse unit mix includes 1 x 3-bedroom, 3 x 2-bedroom and 2 x 1-bedroom apartments, including dedicated laundry in apt 1, a lightly updated apt 6, and renovation materials already on-site for apt 5. Key improvements and infrastructure include a new seamless membrane roof, 7 hydro meters, 2 oil tanks (c. 2018), and a new well pump and pressure tank (2025). Located in the established hamlet of enniskillen with convenient access to highway 407 and approximately 10 minutes to bowmanville and oshawa, placing the property near major employment, services and ongoing investment across clarington. The region continues to benefit from significant infrastructure investment, including opg's darlington nuclear projects and the bowmanville hospital redevelopment. With tall ceilings, a substantial lot, complete vacancy and significant renovation and income upside, 7843 old scugog road presents a compelling value-add opportunity for an investor looking to reposition a multi-residential asset and build long-term cash flow.
Listing IDE14096572
Address7843 Old Scugog Road
CityClarington, Ontario
Price$799,900
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Major Highway, Recreation/Community CentreHeating / Cooling Oil Forced AirSewer Septic
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Listing Brokerage: Homesmiths Real Estate Limited

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7843 Old Scugog Road
Clarington , Ontario
$799,900
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