7843 Old Scugog Road,Clarington, ON L0B1J0
Clarington, ON L0B1J0
Description
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. (id:13843)
Details
| MLS # | E14096572 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 9 |
| Listing Provided By | Homesmiths Real Estate Limited | Tyler Smith |
Features
| Zoning | RH |
|---|---|
| Acreage | 0.35 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
Parking
| Parking Total | 12 |
|---|
Utilities
| Sewer | Septic System |
|---|
Taxes
| Tax Annual Amount | 9009 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Clarington |
| Postal Code | L0B1J0 |
| Listing VS Median (in L0B1J0) | |
Price: $799,900 low | high Med: $2,199,000 On site: 9 low | high Med: 166 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Clarington |
| Postal Code | L0B1J0 |
| Listing VS Median (in L0B1J0) | |
Price: $799,900 low | high Med: $2,199,000 On site: 9 low | high Med: 166 | |
