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Home ON Greater Oshawa Clarington Bowmanville
63 LAMBS LANE
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63 LAMBS LANE $1,999,000
1 day ago
$1,999,000
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63 LAMBS LANE
Clarington (Bowmanville), Ontario L1C3G6

MLS® Number: E12095939

Listing Description

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. (40292358)

Location Description

High St./Fourth St.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Bowmanville
Land Size
90 x 127.71 FT
Annual Property Taxes
$25,325
Total Parking Spaces
14
Time on REALTOR.ca
1 day

Building

Interior Features
Appliances Included
Dryer, Water Heater, Stove, Washer, Refrigerator
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Name
Purpose Built 11 unit Apartment Building
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
14

Measurements

Square Footage
11495 sqft

Land

Lot Features
Frontage
90 ft
Land Depth
127 ft ,8 in
Other Property Information
Zoning Description
R1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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