27 Waverley Road, Clarington

Price: $1,200,000

7 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13513890

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units and approximately $7,200/month in rental income. The well-maintained property offers an attractive unit mix consisting of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing flexibility and strong appeal to a broad range of tenants. Thoughtfully updated throughout with modern finishes, each unit offers a comfortable, turnkey living environment with bright, functional layouts, spacious principal rooms, and well-designed floor plans. The property has been maintained with both tenant appeal and long-term ownership in mind. A standout feature is the oversized double detached garage, offering valuable additional storage and parking potential. Ample parking is also available at both the front and rear of the property, providing exceptional convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, helping simplify property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200/month in rental income, this investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong income and long-term appreciation potential. Whether you're expanding an existing portfolio or looking for a high-performing multi-residential investment, this rare offering delivers an outstanding combination of income, flexibility, efficient ownership, and long-term investment potential.

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$1,200,000 - 27 Waverley Road, Clarington

Detached for Sale in Clarington

52 days on market

Neighbourhood: Bowmanville

7Beds
5Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13513890
Property Type
Detached
Status
active
Days on Site
52
Bedrooms
7
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Clarington
Listing Brokerage
RE/MAX Jazz INC.
Description

Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self-contained residential units and approximately $7,200/month in rental income. The well-maintained property offers an attractive unit mix consisting of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing flexibility and strong appeal to a broad range of tenants. Thoughtfully updated throughout with modern finishes, each unit offers a comfortable, turnkey living environment with bright, functional layouts, spacious principal rooms, and well-designed floor plans. The property has been maintained with both tenant appeal and long-term ownership in mind. A standout feature is the oversized double detached garage, offering valuable additional storage and parking potential. Ample parking is also available at both the front and rear of the property, providing exceptional convenience for residents and guests. Each semi-detached home is independently serviced with its own gas meter, hydro meter, furnace, and water heater, helping simplify property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200/month in rental income, this investment offers a gross cap rate of approximately 7.2%, making it an attractive opportunity for investors seeking strong income and long-term appreciation potential. Whether you're expanding an existing portfolio or looking for a high-performing multi-residential investment, this rare offering delivers an outstanding combination of income, flexibility, efficient ownership, and long-term investment potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,308.00/mo

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5-yr fixed avg.

Principal: $960,000Interest: $632,401
Mortgage Amount$960,000
Total Interest$632,401
Est. Property Tax$850/mo
Total Cost$1,592,401

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bowmanville

Discover Bowmanville

Bowmanville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bowmanville

  • Convenient location in Clarington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Bowmanville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

27 Waverley Road, Clarington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,400/mo
Range: $3,740 - $5,060
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,400
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$3,300

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 52 days on site, this property has exceeded the typical selling timeline for Clarington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Clarington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Clarington.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Bowmanville

I know Bowmanville well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    27 Waverley Road, Clarington | $1,200,000 | Battaglia Team