63 Lambs Lane Clarington (Bowmanville), 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:50787)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
| Name | Purpose Built 11 unit Apartment Building |
Property Details
| MLS® Number | E12095939 |
| Property Type | Multi-family |
| Community Name | Bowmanville |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 14 |
Building
| Appliances | Dryer, Water Heater, Stove, Washer, Refrigerator |
| Heating Type | Baseboard Heaters |
| Size Interior | 11495 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 127 Ft ,8 In |
| Size Frontage | 90 Ft |
| Size Irregular | 90 X 127.71 Ft |
| Size Total Text | 90 X 127.71 Ft |
| Zoning Description | R1 |
https://www.realtor.ca/real-estate/28196419/63-lambs-lane-clarington-bowmanville-bowmanville
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April 22 2025 04:39:04
Toronto Real Estate Board
Mysak Realty Inc.