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$1,599,898
Available - For Sale
Listing ID: E8102988
Exciting Investment Opportunity! Unlock the potential of this prime mixed-use property, a real gem in the heart of convenience. Boasting residential units upstairs, a street-level retail space, and a strategic central location, this 7665 sq.ft. building is an incredible investment. Benefit from keyless entry, updated electrical panels, and a cutting-edge fire panel. This well-maintained property also offers steel roof and flat roof with new membrane and stone just in 2023, guaranteeing longevity. Explore nearby amenities such as schools, parks, restaurants, and shopping, all within easy reach and a convenient commute with Hwys 401/418 just moments away. A harmonious blend of good tenants and an unbeatable location make this investment truly lucrative. Don't miss out on the rare opportunity to own this prime real estate! Act now and seize the potential for high returns.
Extras:   Mircom fire alarm panel (2018), steel roof, flat roof with new membrane and stone (2023) with 5 years warranty, coin operated laundry on site (R), storage area, workshop, parking lot with 9 parking spaces
Price $1,599,898
Taxes: $11,343.34
Tax Type: Annual
Occupancy by: Tenant
Address: 87 King St West , Clarington, L1C 1R2, Ontario
Postal Code: L1C 1R2
Province/State: Ontario
Legal Description: Pt Lt 2 Blk N Pl Grant Bowmanville; Pt U
Directions/Cross Streets: Downtown Bowmanville King St.
Zoning: C1-1 - Retail An
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 7,665
Total Area Code:  Sq Ft Divisible
Retail Area: 1475
Retail Area Code: Sq Ft
Sprinklers: N
Outside Storage: N
Crane: N
Heat Type: Other
Central Air Conditioning: Part
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

87 King St West , Clarington, L1C 1R2, Ontario


 
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Type: Com - Investment
Area: Durham
Municipality: Clarington
Neighbourhood: Bowmanville
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Lot Size: 27.17 x 0.00(Feet)
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Tax: $11,343.34
Maintenance Fee: $0
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