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$1,200,000Asking Price

27 Waverley Road, Clarington, ON L1C 1K8

Bowmanville, Clarington

Multiplex
7
Bedrooms
5
Baths
9
Parking
Days on Market

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units. This well-maintained, income-producing property includes 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing an ideal unit mix to attract strong, consistent rental demand. Thoughtfully updated throughout with modern finishes, each unit offers turnkey living spaces designed to appeal to quality tenants while minimizing future maintenance. Bright, functional layouts, spacious principal rooms, and well-designed floor plans enhance the overall appeal. A standout feature is the oversized double detached garage, offering excellent potential for additional storage, tenant parking, or future income opportunities. Ample parking is available at both the front and rear of the property, providing added convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, simplifying property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200 per month in rental income, this exceptional investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong cash flow and long-term appreciation. Whether you're expanding your portfolio or acquiring a high-performing multi-residential asset, this rare offering delivers an outstanding combination of income, efficiency, flexibility, and long-term investment potential.

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Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units. This well-maintained, income-producing property includes 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing an ideal unit mix to attract strong, consistent rental demand. Thoughtfully updated throughout with modern finishes, each unit offers turnkey living spaces designed to appeal to quality tenants while minimizing future maintenance. Bright, functional layouts, spacious principal rooms, and well-designed floor plans enhance the overall appeal. A standout feature is the oversized double detached garage, offering excellent potential for additional storage, tenant parking, or future income opportunities. Ample parking is available at both the front and rear of the property, providing added convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, simplifying property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200 per month in rental income, this exceptional investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong cash flow and long-term appreciation. Whether you're expanding your portfolio or acquiring a high-performing multi-residential asset, this rare offering delivers an outstanding combination of income, efficiency, flexibility, and long-term investment potential.

Key Info

  • Bungalow Multiplex
  • 4+ Parking
  • Detached Garage
  • Roenigk Dr / King St W
  • 1500-2000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,232 in 2025
  • Possession: Flexible

Details

  • Brick/Vinyl Siding Exterior
  • No Fireplace
  • 5 Kitchens
  •  
  • MLS #E13513890
  • RE/MAX Jazz INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Lower
Washroom1 4-Piece Bathroom on Lower

Who lives here?

Bowmanville, Clarington is an east GTA neighbourhood notable for its singles, renters, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 49.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Clarington  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

40% of residents are
single and loving it.

40% singles

Clarington (38%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

17% of residents
are renters.

17% renters

Clarington (12%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

20% of residents are
university grads.

20% university grads

Clarington (21%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$116K

is the average household
income in the neighbourhood.

Clarington  ($127K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Trades 12%
Business 10%
Government 10%
Health 6%

Immigrants

11% of residents were
born outside of Canada.

11% immigrants

Clarington (13%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.4% of immigrants.
Caribbean 1.1%
Jamaica 0.6%
Netherlands 0.5%
Philippines 0.5%

3.4% from UK
All-time

Birthplace - Recent

UK was once home to 0.6% of immigrants.
Philippines 0.2%
USA 0.2%
India 0.2%
Jamaica 0.1%

0.6% from UK
Recent

Foreign Languages

Foreign Languages

French 2%
Spanish 1%
Dutch 1%

Religions

Religions

Christian 68%