
$799,900
Clarington · Bowmanville
$799,900
Added 18 days ago
Property type
Investment
Lot
91.79 × 165 Feet
Parking
12 spaces
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Taxes
$9,009 /yr
MLS®
E14096572
Listed by
Homesmiths Real Estate Limited
Source
TRREB
Days on market
18
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.
7843 Old Scugog Road, Clarington, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$3,553/mo
Principal + interest
$3,553
Total interest
$426,056
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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