Price
$1,550,000
Bedrooms7 Beds
Bathrooms5 Baths
Size3000-3500 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$5924.19
Maintenance FeesNot listed
Prime investment opportunity at 185 Duke Street, Bowmanville! This heritage property on a 1 Acre lot offers strong cash flow and future land value growth. This meticulously maintained estate features three independent units, comprising a total of 13 bedrooms, six on the main and upper floors and four in the basement, designed to maximize rental income. Each unit is equipped with its own kitchen and laundry facilities, ensuring tenant convenience and privacy, while 14 dedicated parking spaces add further value. Strategically located near Highway 401 and a short drive from Toronto, the property benefits from strong tenant demand and significant land value growth potential. Recent upgrades, including modernized water, electricity, hydro, and piping systems, a two-year-old hot water tank, a new furnace, and a three-year-old propane system, ensure low-maintenance ownership. Blending timeless heritage charm with contemporary functionality, this turnkey property is a rare find, offering immediate income and scalability.
Dimensions
3.67' × 2.44'
Features
Dimensions
3.12' × 4.4'
Features
Dimensions
3.67' × 2.62'
Features
Dimensions
3.67' × 2.44'
Features
Dimensions
3.72' × 3.8'
Features
Dimensions
3.98' × 2.97'
Features
Dimensions
2.7' × 4.5'
Features
Dimensions
6.11' × 3.48'
Features
Dimensions
3.19' × 3.46'
Features
Dimensions
3.53' × 3.53'
Features
Dimensions
7.53' × 4.3'
Features
Dimensions
3.96' × 4.57'
Features
Dimensions
3.12' × 4.4'
Features
Dimensions
3.19' × 3.46'
Features
Dimensions
7.53' × 4.3'
Features
Dimensions
3.96' × 4.57'
Features
Dimensions
6.11' × 3.48'
Features
Dimensions
3.53' × 3.53'
Features
Dimensions
3.72' × 3.8'
Features
Dimensions
2.7' × 4.5'
Features
Dimensions
3.67' × 2.44'
Features
Dimensions
3.67' × 2.62'
Features
Dimensions
3.67' × 2.44'
Features
Dimensions
3.98' × 2.97'
Features
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Contact MeTotal Monthly Payment
$6,062 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,240,000
Total Interest Payments
$764,536
Total Payment (Principal + Interest)
$2,004,536
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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