7843 Old Scugog Road, Clarington, Ontario

$799,900

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11

Beds

6

Baths

About 7843 Old Scugog Road

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:6289)

More Info on this Rural Clarington Other MLS® listing

7843 Old Scugog Road is an other listing for sale in Clarington. The MLS® number is E14096568. It features 11 bedrooms, 6 bathrooms. It's currently listed for $799,900. For more details on MLS® E14096568, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Rural Clarington is available now!

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Features of 7843 Old Scugog Road

Listing # E14096568
Price $799,900
Bedrooms 11
Bathrooms 6.00
Type Multi-family
Sub-Type Other

Community Information

Address 7843 Old Scugog Road
Area Rural Clarington
Subdivision Rural Clarington
City Clarington
Province Ontario
Postal Code L0B1J0

Amenities

Parking Spaces 14
Parking Detached Garage, No Garage
Garages Detached Garage, No Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Oil
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, N/A

Exterior

Exterior Vinyl siding
Lot Description 91.8 x 165 FT
Foundation Stone

Listing Details

OfficeHomesmiths Real Estate Limited

Listing Map

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