Clarington, Bowmanville, L1C 2H7
$674,999
Listed by COLDWELL BANKER - R.M.R. REAL ESTATE.
An excellent opportunity awaits investors, entrepreneurs, renovators, and visionaries at 34 Simpson! This solid brick bungalow, built in 1963 and lovingly maintained by the same family since 1972, is ready for someone to unlock its full potential. While the home requires updates and a complete overhaul, the possibilities are vast. The main house offers a spacious combined living/dining room, a galley kitchen, and three bedrooms, with a basement workshop, utility room, and large rec room that could easily be converted into a basement apartment for additional income. Even more exciting, Clarington has confirmed that the expansive lot can accommodate up to two additional dwelling units (ADUs), providing incredible investment potential. Whether you choose to rent out the current home and build new structures, or occupy one yourself, the options are endless. While the property shows signs of neglect due to a decade of smoke exposure, it remains a true diamond in the rough, ready to be transformed into a lucrative and unique income-generating space. Make sure to explore the backyard to fully appreciate the size and possibilities. This is an investment in the future!
The location of this home makes it a popular area with easy access to shopping, hospitals and public transportation. Solidly built bungalow.
Kitchen
Living
Prim Bdrm
2nd Br
3rd Br
Rec
Utility
Workshop
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
