79 Queen St
Bowmanville, Clarington
$1,070,000
Buy with Dwelly and Save $10,700
Home Details
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Listing Description
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.
4 fridges, 4 stoves, 1 dishwasher, 2 washers and 2 dryers, 4 window A/C units, and 3 sheds.
City: Clarington
Neighborhood: Bowmanville
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Nov 1, 2021 | 11 | $1,490 | $1,490 | Leased | E5419226 |
| Aug 25, 2021 | 54 | $1,350 | $1,350 | Leased | E5350146 |
| Aug 19, 2021 | 4 | $2,200 | $2,200 | Leased | E5344715 |
| Apr 15, 2021 | 9 | $1,950 | $2,200 | Leased | E5195887 |
| Nov 24, 2020 | 9 | $1,490 | $1,490 | Leased | E4999070 |
| Oct 17, 2020 | 13 | $1,490 | $1,490 | Leased | E4957792 |
| Aug 10, 2020 | 17 | $1,700 | $1,700 | Leased | E4864244 |
| Jul 7, 2020 | 13 | $1,950 | N/A | Terminated | E4821249 |
| Jun 5, 2020 | 46 | $899,000 | N/A | Terminated | E4781964 |
| May 23, 2012 | N/A | $385,000 | N/A | N/A | E2372160 |
| Sep 20, 2011 | 225 | $449,000 | N/A | Expired | E2204141 |
Rooms
Room dimensions for 79 Queen St, Clarington
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 79 Queen St is 5749
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1070000 |
| Down Payment | $214000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $856000 |
Monthly Payment
| Mortgage Payment | $5275 |
| Property Taxes | $474 |
| Maintenance Fees | $0 |
| Monthly Payment | $5749 |
Sold Comparables
Sold Comparables homes near 79 Queen St, Clarington
About 79 Queen St, Clarington
Located at 79 Queen St , this Clarington house is available for sale. This property was listed for $1,070,000 on Mon Sep 22 2025. This house's size is 2500-3000 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 13 parking spots. 79 Queen St, Clarington is situated in the Bowmanville neighbourhood.
MLS#: E12418974 · $1,070,000 · 5 bedroom house in Bowmanville, Clarington