$950,000
FOR SALE

Detached 2-Storey

Bedrooms: 6Bathrooms: 4Lot: 77.46 x 165.15 ft
2025 Taxes: $5,692

79 Queen St
Clarington, ON L1C 1M5 | Bowmanville | Durham

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.
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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E12418974
Last Updated Apr 24, 2026
Property Summary
Property Type Detached

More like this:
PIN 269320312
Legal Description Pt Lt 8 Pl H50081 Bowmanville;Pt Lt 9 Pl H50081*
Possession Date Flexible
Taxes (2025) $5,692
Directions/Cross Streets Liberty & Queen
Neighbourhood Bowmanville
Area Durham
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Rooms 13
Lot 77.46 x 165.15 ft
Exterior Brick
Air Conditioning Window Unit(s)
Family Room Y
Fireplace/Stove Y
Basement Apartment, Finished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 12
Heat Source Gas
Heat Type Radiant
Sewers Sewer

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