$3,670/mo - 68 King Street Unit D, Clarington
Commercial for Rent in Clarington
40 days on marketNeighbourhood: Bowmanville
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- MLS Number
- E13721542
- Property Type
- Commercial
- Status
- active
- Days on Site
- 40
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,470 sqft
- Neighbourhood
- Clarington
- Listing Brokerage
- RE/MAX Rouge River Realty Ltd.
Excellent opportunity to lease office space in the Veltri Complex fronting on King Street in historic Bowmanville with ample window space for advertising. This store front unit has recently been combined with an adjacent smaller unit making the total space of approximately 1,469.51 square feet available and is perfect for a professional office including lawyer, accountant, insurance and many other possibilities with the C1 zoning in place. The unit has a large reception area with plenty of room for filing cabinets, desks, etc. with four offices off the reception area for privacy. The unit hosts a small kitchenette that an accommodate a small fridge and microwave. The large in unit bathroom has wheelchair accessibility. Three unassigned parking spaces at the rear of the building is available plus street parking. Amazing location in the downtown location adjacent to a restaurant, Starbucks and many other amenities. This unit is primarily heated with gas heat save and except for two baseboard heaters, which, if used shall be at the costs of the Tenant. This is a gross lease inclusive of all expenses save and except for HST on the monthly lease payments, telephone, fax, internet and Tenant's insurance plus the costs incurred for the use of the two baseboard heaters in the unit. Tenants shall be responsible for the costs incurred for the hook-up of all utilities. Monthly rental shall be subject to an approximate yearly increase of 3% over the term of the lease.
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
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.
68 King Street Unit D, Clarington
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $2/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 40-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Clarington transactions.