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$ 799,900
Est. payment | /mo
11 Beds
6 Baths
$ 799,900
Est. payment | /mo
11 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Rural Clarington
MLS Listing ID E14096568
Style 2-Storey
Bedrooms 11
Annual Tax Amount $9,009
Tax Year 2025
Property Sub-Type Multiplex
Property 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.
Location
State ON
County Durham
Area Durham
Rooms
Family Room No
Basement Unfinished
Kitchen 6
Interior
Interior Features Storage, Rough-In Bath, In-Law Capability, Accessory Apartment
Cooling None
Fireplace No
Heat Source Oil
Exterior
Pool None
Roof Type Membrane
Lot Frontage 91.79
Lot Depth 165.0
Total Parking Spaces 14
Building
Foundation Stone
Others
ParcelsYN No
Listed by Homesmiths Real Estate Limited
Nearby Locations