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Sales Representative at Right at Home Realty Inc, Brokerage
Turn Key Cash Positive Investment In Rapidly Growing Municipality Clarington. Gross Monthly Income $4363.00. Net Yearly Income Of $39,548.75 Cap Rate Of 5.733%. Long Term Tenants, Low Overhead, Low Maintenance Building. Price To Sell. Building Needs Some Updating But Has Great Future Potential. Sold As Is. Property Has Been Operating As A Multiplex For 50 Plus Years. Property Is Not Legal Non Conforming. Currently Zoned R1-12.
Potential For Future Laundry Rm In Utility Area For Add'l Income. 5 Pking Spaces, Close To Transit & All Amenities. Very Strong Rental Market In Clarington W/Several Growth/Infrastructure Projects Underway, Go/Metrolinks, 407, Opg, Hospital
|Listed by:||ROYAL SERVICE REAL ESTATE INC., BROKERAGE|
|Type:||Apts-2 To 5 Units|
|Number of Days Listed:||6|
|Last Checked:||20 hours ago|
|Listed on Home.ca:||2018-12-05 16:41:28|
|Type:||Apts-2 To 5 Units|
|Availability Date:||30/60 Tba|
|Tax Legal Description:||**Pt Lt 8 Blk 33 Pl Hanning Bowmanville Pt 1,|
|Lot Size Units:||Feet|
|Total Area Metric:||Sq Metres|
|Office Size Metric:||Sq Ft|
|$687,900 - for Sale - MLS#: E4317029|
This investment property at 8-10 Wellington Street, Clarington, L1C 1V2 is currently for sale for $687,900. This property has been listed on Home.ca for 6 days and can be financed with an estimated mortgage of $2,330 per month*. Yearly property taxes for this home are approximately $4,182.
8-10 Wellington Street is a Investment home. The home's closest main intersection is Liberty/Wellington. The lot dimensions of this property are 81.27 Feet. The property is located in the Bowmanville neighbourhood in the city of Clarington, in the regional municipality of Durham. Nearby neighbourhoods are Rural Clarington, Orono, Courtice, Newcastle, Other.This home has 0 beds and 5 bathrooms . .
This home has a y basement. The garage is none.
Date of possession for this property is 30/60 Tba. This home was listed by ROYAL SERVICE REAL ESTATE INC., BROKERAGE according to MLS® Reciprocity.
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About 8-10 Wellington Street, Clarington
Property is located at 8-10 Wellington Street, Clarington, L1C 1V2 and is situated in the neighbourhood of Bowmanville. Taxes are approximately $4181.64 on an yearly basis. It's located near Liberty/Wellington. Property taxes in 2018 were $4181.64 per year. Possession date is 30/60 Tba.