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MLS® # E9247505
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- 130-136 KING STREET E
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Commercial For Sale In Bowmanville, Clarington, Ontario
$6,500,000
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MULTIMEDIA
ACTIVE
130-136 KING STREET E, Clarington, Ontario, L1C 1N7
$6,500,000
Property Information:
Investment Opportunity In Fast-Growing Clarington. Fully Leased Mixed-Use Long Term AA quality tenant Plaza In Downtown Bowmanville. 7 Commercial Units and 8+2Br apartments on the second floor, units mostly renovated. Many of the tenants have been there successfully for many years. Excellent Tenant Retention W/History Of Low TurnOver. Net operating income as per attached statement supplied by seller , $346,079.70 as of August 1st, 2024. **** EXTRAS **** Additional Details Available Upon Request. Property condition assessment report available. (id:27)
Building Features:
- Style: Retail
- Air Conditioning: Yes
- Heating Type: Baseboard heaters
- Cooling Type: Partially air conditioned
Property Features:
- Property Type: Retail
- Amenities Nearby: Highway, Public Transit
- Farm Type: Other
- Irregular: Yes
- Lot Size: Unit=0.82 Acre
- Zoning: C1- General Commercial
- No. of Parking Spaces: 51
Courtesy of: HOMELIFE/VISION REALTY INC.
Market Price Trends
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Location of 130-136 KING STREET E, Clarington, Ontario, L1C 1N7
Climate Risk Data
About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.
Projected Heat Risk: Moderate
36 hot days expected in 2050
Projected Precipitation Risk: Moderate
13 storms expected in 2050
Projected Heat Risk: High
36 hot days expected in 2050
55/100
High
ClimateCheck®
Current data
This property, 130-136 KING STREET E , experiences 7 hot days per year at around 29.7 degrees Celsius.
Projected data
Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 36 hot days at 33.4 degrees Celsius.
Projected Avg. Temperature
Past
29.7℃
2050
33.4℃
# Hot Days Per Year
Past
7
2050
36
About Heat Risk
Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.
Projected Precipitation Risk: High
13 storms expected in 2050
59/100
High
ClimateCheck®
Current data
This property, 130-136 KING STREET E , experiences 11 significant 2-day storms per year, with about 304.6mm of precipitation per storm.
Projected data
Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 379.1mm of precipitation per year.
Precipitation Per Storm
Past
304.6mm
2050
379.1mm
48-Hour Storms Per Year
Past
11
2050
13
About Storm Risk
Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.
Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.
Environmental Risks provided by ClimateCheck®
Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.
Demographic Information of 130-136 KING STREET E, Clarington, Ontario, L1C 1N7
Life Stage
Midlife Families
Employment Type
Blue Collar/Primary, Blue Collar/Service Sector
Average Household Income
$106,913.52
Average Number of Children
1.54
Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
20.27 %
High school certificate or equivalent
28.88 %
Apprenticeship trade certificate/diploma
8.86 %
College/non-university certificate
27.44 %
University certificate (below bachelor)
0.01 %
University Degree
14.54 %
Commuter
Travel To Work
By Car
85.44 %
By Public Transit
2.23 %
By Walking
9.31 %
By Bicycle
0.0 %
By Other Methods
3.02 %
Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
24.43 %
Houses
75.57 %
Own Vs. Rent
130-136 KING STREET E, Clarington, Ontario, L1C 1N7 $6,500,000 MLS® # E9247505
