15 Nelson ST, Clarington, ON L1C 1C8
15 Nelson ST, Clarington, ON L1C 1C8
15 Nelson ST, Clarington, ON L1C 1C8
15 Nelson ST, Clarington, ON L1C 1C8
15 Nelson ST, Clarington, ON L1C 1C8
15 Nelson ST, Clarington, ON L1C 1C8
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Afia Afaribea

Afia Afaribea

+1(416) 906-5160
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Est. payment | /mo

38 Beds

26 Baths

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-
Est. payment | /mo
Save Virtual Tour

38 Beds

26 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Bowmanville

MLS Listing ID E13785138

Style 3-Storey

Bedrooms 38

Annual Tax Amount $67,022

Tax Year 2025

Property Sub-Type Multiplex

Property Description

15 Nelson Street is a well-capitalized, professionally managed 26-unit multifamily investment opportunity in Bowmanville, one of Durham Region's tightest rental submarkets. 14 one-bedroom and 12 two-bedroom self-contained units across a 3-storey brick building of approx. 24,000 sq ft, on a corner lot at Nelson & Ontario Streets, one block from Liberty Street and walkable to downtown Bowmanville. Current ownership has completed a documented, decade-long capital improvement program, including a full heating conversion to natural gas with a twin-boiler load-sharing system, a 2022 EPDM (rubber membrane) roof replacement, unit-level electrical and plumbing isolation, and ongoing building envelope maintenance - resulting in a low, stable expense ratio and no material deferred maintenance. Operating income has shown consistent, steady growth year over year, with expenses well managed relative to that growth - a track record of disciplined, professional operation. Ownership has taken exceptional care curating a stable, respectful tenant community: well-kept balconies free of clutter and a strong track record of on-time rent payment throughout. Long-serving superintendents have helped make this building feel like home for residents, contributing directly to low turnover and consistent performance. Full financial package, rent roll, and capital improvement records available to qualified buyers under signed NDA. Do not go direct or speak to staff or tenants - contact Listing Salesperson for all showings and inquiries.

Location

State ON

County Durham

Area Durham

Zoning R4

Rooms

Family Room No

Basement None

Kitchen 26

Interior

Interior Features Air Exchanger, Floor Drain, Upgraded Insulation

Cooling None

Exterior

Exterior Feature Landscaped, Lawn Sprinkler System

Pool None

Roof Type Membrane

Lot Frontage 136.75

Lot Depth 273.64

Total Parking Spaces 34

Building

Foundation Poured Concrete

Others

Senior Community No

Security Features Alarm System,Security System

ParcelsYN No

Virtual Tour https://youtu.be/V9255hWMJB4

Listed by CENTURY 21 INFINITY REALTY INC

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Afia Afaribea

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15 Nelson ST

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