$1,070,000
6.38 BTC
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Map
79 Queen Street, Clarington
$1,070,000
PRICE
5 + 1
BEDROOMS
4
BATHROOMS
E12418974
MLSID

79 Queen Street, Clarington

Investment Opportunity with 5.8% 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 5.8% 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.
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Summary

Address
79 Queen Street
Community
MLSID
E12418974
Property Type
Detached
Property Category
Bedrooms
5 + 1
Bathrooms
4
Rooms
10 + 3
Kitchens
3 + 1
Taxes (Annual)
$5,692.00
Tax Year
2025
Published
September 22, 2025
Days on Market
10 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

4 fridges, 4 stoves, 1 dishwasher, 2 washers and 2 dryers, 4 window A/C units, and 3 sheds.

Exclusions

N/A

Details

Property Features
Fenced Yard, Hospital, Level, Park, Public Transit, School
Bathroom 1
4-Piece Basement Level
Bathroom 2
4-Piece Main Level
Bathroom 3
3-Piece Main Level
Bathroom 4
4-Piece Second Level
Basement
Apartment, Finished
Interior Features
Other
Parking Spaces
12
Parking Total
13
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
77 Feet
Lot Depth
165 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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