A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 185 Duke St, Clarington Ontario L1C 3K3
10 days on Market

185 Duke St, Clarington, Ontario L1C 3K3

Townhouse
9 + 4
5
~2500-3000 sqft
$1,558,000
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Townhouse
9 + 4
5
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$571/sqft

Est. Mortgage$6,691/mo

Tax Amount (2024)$5,604/yr

Days On Market10 days


Description

An incredible investment opportunity awaits with this fully tenanted property, generating over $10,000 per month in rental income a true cash cow! Situated on a spacious 0.9-acre lot, this property features three separate entrances and two separate meters, offering maximum flexibility for tenants and owners alike. The main floor boasts two separate units with a large kitchen, a separate dining room, and stunning wood flooring throughout, providing a warm and inviting atmosphere. The basement unit offers four bedrooms, ideal for larger tenant groups, while the other side of the building features five tenant rooms, ensuring consistent rental income. Conveniently located close to a highway, this property not only provides excellent accessibility for tenants but also promises long-term value in a high-demand location. Whether you're expanding your portfolio or starting your real estate investment journey, this property is an opportunity you wont want to miss!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size29,497 SqFt(294.97 x 100)
Parking Spaces7
MLS ®NumberE11890792
Community NameBowmanville
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Water
Cooling: Wall Unit
Basement: Finished, Full

Features

Lot size: 29,497 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property listed by EXP REALTY, Brokerage

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Market Data - Bowmanville

Buyer's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2023

20 days

2022

15 days

2021

15 days

New Listings

Past 30 days

28 listings

Compared to

2023

10 listings

2022

8 listings

2021

5 listings

Units sold

Past 30 days

5 units

Compared to

2023

9 units

2022

10 units

2021

14 units

Median Sold Price

Past 30 days

$760,000

Compared to

2023

$700,000

2022

$740,500

2021

$883,250


Population and Demographics

Overview

Total population 41758
Average household income $127,589

Age (%)

0 to 19
26%
35 to 49
21%
20 to 34
19%
50 to 64
18%
65 and plus
15%

Household composition (%)

Single family
74%
Single person
23%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
93%
Others
4%
French
1%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget