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63 Lambs Lane Image 1

$1,999,000

6 days agoInvestment For Sale
bedroomsbed
washrooms0bath
MLS - #E12095939

63 Lambs Lane, Clarington, ON L1C 3G6

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Average Price
199900000.0%
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 63 Lambs Lane

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.

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Building size

11495

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by MYSAK REALTY INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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