7843 OLD SCUGOG ROAD
Clarington, Ontario
MLS® E14096568
$799,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- E14096568
- Bedrooms
- 11
- Bathrooms
- 6
- Year built
- —
1 / 43Listing 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.
Property summary
- MLS® number
- E14096568
- Property type
- Multi-family
- Building type
- Other
- Land size
- 91.8 x 165 FT
- Annual property taxes
- $9,009.00
- Parking
- 14 spaces · Detached Garage, No Garage
- Days on market
- 13 days
Features & details
- Heating
- Forced air, Oil
- Cooling
- None
- Basement
- Unfinished, N/A
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $799,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Homesmiths Real Estate Limited, Bowmanville.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.