113 King Street, Clarington, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Bowmanville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 3 Bathrooms
- Premium 50 x 167.7 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Seize the chance to own a 3-unit, mixed-use commercial building ideally located in the heart of downtown Bowmanville including parking for all units, offering a total of 9 on-site parking spaces-a rare and valuable feature in a downtown setting. Quick and easy access to Hwy 401. This versatile property features two ground-level commercial/retail units and a one-bedroom residential apartment upstairs, offering strong income potential and flexibility for investors or owner-occupiers. One commercial unit is occupied by an excellent, long-standing tenant, providing stable revenue from day one. Situated in a high-traffic, highly visible location, the property is perfectly positioned to attract and support successful businesses. Additionally there is a 1.5 car attached garage. With its prime location, solid tenancy, and mixed-use appeal, this property presents a fantastic opportunity to invest in Bowmanville's vibrant commercial corridor. 3 Separate hydro meters. Front door to lobby (2025).
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 113 King Street E, Clarington, ON L1C 1N4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Clarington, ON
For a property listed at $799,900 in Clarington, the legal minimum down payment is $54,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,473 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.