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79 Queen Street
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For Sale
79 Queen Street
Bowmanville, Clarington L1C1M5
$950,000
MLS® E12418974
Bedrooms
6
Bathrooms
4
Parking
13
Interior
2500 - 3000 sqft
Lot size
77 ft ,6 in×165 ft ,2 in ft
Type
Single Family
Detached
About this property
Investment Opportunity with 6.3% Cap Rate. This 4-unit property is situated on a 13,433 sq. ft. corner lot. The oversized 0.308-acre lot provides parking for up to 12 vehicles, along with a detached garage that offers additional income potential. The property features 4 self-contained rental units, each with private entrances and outdoor spaces, including a rooftop terrace. The units consist of a 79A Coach House (Large 1 Bedroom Unit @ $1,850/month), Upper Unit ( Vacant 2 Bedroom Unit @ $2,200/month), Basement Apartment (Bachelor Unit @ $1,450/month), and Side Unit (Large 1 Bedroom Unit $1,500/month), generating a total rental income of $7,000 per month ($84,000 annually). This property achieves a strong 6.3% cap rate, making it an excellent cash-flowing investment. Investors will also appreciate the opportunity to further increase net operating income by raising rents and transitioning leases to exclude utilities and hydro. Recent updates include all new electrical wiring (2013), a new roof membrane on 79A and the rooftop terrace (2015), hardwood, fresh paint, and a cleared and maintained parking lot. Included in the sale are 4 fridges, 4 stoves, 1 dishwasher, 2 washers and 2 dryers, 4 window A/C units, and 3 sheds. Located in the heart of historic downtown Bowmanville, just blocks from the hospital that will be undergoing an expansion to double its size, this property provides both immediate rental income and long-term growth potential. Clarington itself is a rapidly growing municipality, with major infrastructure projects such as new highways and GO Train stations expected to support further residential, commercial, and industrial expansion. Significant increases in building permit values highlight strong investment and development activity, especially in residential construction. Updated economic development strategies ensure the town is well-positioned to capitalize on future growth.
Features & highlights
Level lot
Hospital
Park
Public Transit
Schools
Property details
Basement Finished, N/A, N/A (Finished)
Heating Radiant heat, Natural gas
Cooling Window air conditioner
Exterior Brick
Lot dimensions 77 ft ,6 in × 165 ft ,2 in ft
Parking 13
Sewer Sanitary sewer
Water Municipal water
Ownership Freehold
Listed Sep 17, 2025
Days on market 206 days
Listing brokerage Right At Home Realty
MLS® E12418974
$950,000
79 Queen Street
Bowmanville, Clarington
MLS® E12418974 · For Sale
SH
Saman Habibi
Right At Home Realty
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$950,000
79 Queen Street
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79 Queen Street
$950,000 · Bowmanville, Clarington
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